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cover Asset prices and monetary p...
Asset prices and monetary policy
University of Chicago Press 2008

Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these goals. In Asset Prices and Monetary Policy, leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system. The contributors examine how central bankers determine their policy prescriptions with reference to the fluctuating housin

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Título:
Asset prices and monetary policy [ Recurso electrónico] / edited by John Y. Campbell
Editorial:
Chicago : University of Chicago Press, 2008
Descripción física:
ix, 433 p. : il
Mención de serie:
A National Bureau of Economic Research conference report
EBSCO Academic eBook Collection Complete
Bibliografía:
Incluye referencias bibliográficas e índice
Contenido:
Measuring the macroeconomic risks posed by asset price booms / Stephen G. Cecchetti -- Expectations, asset prices, and monetary policy : the role of learning / Simon Gilchrist and Masashi Saito -- Optimal monetary policy with collateralized household debt and borrowing constraints / Tommaso Monacelli -- Inflation illusion, credit, and asset prices / Monika Piazzesi and Martin Schneider -- Learning, macroeconomic dynamics, and the term structure of interest rates / Hans Dewachter and Marco Lyrio -- Revealing the secrets of the temple : the value of publishing central bank interest rate projections / Glenn D. Rudebusch and John C. Williams -- The effect of monetary policy on real commodity prices / Jeffrey A. Frankel -- Noisy macroeconomic announcements, monetary policy, and asset prices / Roberto Rigobon and Brian Sack -- Is bad news about inflation good news for the exchange rate? And, if so, can that tell us anything about the conduct of monetary policy? / Richard H. Clarida and Daniel Waldman
Detalles del sistema:
Forma de acceso: World Wide Web
ISBN:
9780226092126
0226092127
9780226092119
0226092119
Autores:

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