Monetary Policy And Asset Prices: Does Benign Neglect Make Sense?
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| Google books | books.google.com |
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| Originally published | December 2002 |
| Authors | Michael D. Bordo |
| Olivier Jeanne | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1114138 |
About Monetary Policy And Asset Prices: Does Benign Neglect Make Sense?
The link between monetary policy and asset price movements has been of perennial interest to policymakers. In this paper, we consider the potential case for preemptive monetary restrictions when asset price reversals can have serious effects on real output. . . .