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Boom-Busts in Asset Prices, Economic Instability, and Monetary Policy
Bordo, Michael D. - 2002
The link between monetary policy and asset price movements has been of perennial interest to policy makers. In this paper we consider the potential case for pre-emptive monetary restrictions when asset price reversals can have serious effects on real output. First, we provide some historical...
Persistent link: https://www.econbiz.de/10012469748
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The gold standard and economic stability : a counterfactual experiment
Bordo, Michael D. - In: Studies in economic analysis 9 (1985) 2, pp. 3-27
Persistent link: https://www.econbiz.de/10001114227
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Institutional change and the velocity of money : a century of evidence
Bordo, Michael D. - In: Economic inquiry : journal of the Western Economic … 35 (1997) 4, pp. 710-724
Persistent link: https://www.econbiz.de/10001230540
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Forecasting with the yield curve; level, slope, and output 1875 - 1997
Bordo, Michael D.; Haubrich, Joseph Gerard - In: Economics letters 99 (2008) 1, pp. 48-50
Persistent link: https://www.econbiz.de/10003723216
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Money, sticky wages, and the great depression
Bordo, Michael D.; Erceg, Christopher J.; Evans, Charles - 1997
Persistent link: https://www.econbiz.de/10000630959
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Was expansionary monetary policy feasible during the great contraction? : An examination of the gold standard constraint
Bordo, Michael D.; Choudhri, Ehsan U.; Schwartz, Anna … - 1999
Persistent link: https://www.econbiz.de/10001388177
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Could stable money have averted the great contraction?
Bordo, Michael D. - In: Economic inquiry : journal of the Western Economic … 33 (1995) 3, pp. 484-505
Persistent link: https://www.econbiz.de/10001189858
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Labor productivity during the Great Depression
Bordo, Michael D. - In: Economics letters 47 (1995) 1, pp. 41-45
Persistent link: https://www.econbiz.de/10001175006
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A small open economy in depression : lessons from Canada in the 1930s
Betts, Caroline M. - In: The Canadian journal of economics 29 (1996) 1, pp. 1-36
Persistent link: https://www.econbiz.de/10001198346
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Economic policy uncertainty and the credit channel : aggregate and bank level U.S. evidence over several decades
Bordo, Michael D.; Duca, John V.; Koch, Christoffer - 2016
Persistent link: https://www.econbiz.de/10011450421