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Persistent link: https://www.econbiz.de/10001502146
This working paper gives an overview of the current debate on monetary policy reactions to asset prices, focusing on the developments on equity markets in the United States. It first describes the main causes and consequences of these developments and then surveys the pros and cons of a monetary...
Persistent link: https://www.econbiz.de/10011622633
This working paper gives an overview of the current debate on monetary policy reactions to asset prices, focusing on the developments on equity markets in the United States. It first describes the main causes and consequences of these developments and then surveys the pros and cons of a monetary...
Persistent link: https://www.econbiz.de/10011506533