Horatiu, Dan - In: Annals of Faculty of Economics 1 (2013) 1, pp. 445-454
his paper addresses the subject of the monetary policy transmission mechanism by focusing on the asset price channel … decisions made by the central bank that affect the price of assets. We will analyze the asset price channel by taking a close … asset price channel and the two main ways in which it delivers monetary policy decision effects: through changes in Tobin …