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. First, we present some stylized facts on b...
| Автор: | |
|---|---|
| Інші автори: | |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2002.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2002/225 |
| Онлайн доступ: | Full text available on IMF |