are usually preceded by credit booms. Second, credit booms often do not result in a crisis. That is, there are "good …

, productivity, the price level, money and credit stocks during each episode. Two booms stand out in terms of their length and rate … consistent relationship between inflation and stock market booms, though booms have typically occurred when money and credit …

-09, divided into three groups: interest rate policy, quantitative policy, and credit policy. To interpret interest rate policy, it … credit policy, the paper presents a new model of capital market imperfections with different financial institutions and a … role for securitization, leveraging, and mark-to-market accounting. The model suggests that providing credit to traders in …