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Asset Prices And Central Bank Policy

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Originally published 2000
Authors Hans Genberg
Stephen G. Cecchetti
Sushil Wadhwani
John Lipsky
Preceded byAn Independent and Accountable IMF
Followed byHow Do Central Banks Talk?
Date of Reg.
Date of Upd.
ID1114318
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About Asset Prices And Central Bank Policy


How should central banks view movements in equity, housing and foreign exchange markets? Can policy-makers improve economic performance by paying attention to asset prices, as well as inflation and output forecasts? Is it possible to identify asset price misalignments and bubbles? . . .

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