Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10012793402
Should the central bank prevent excessive asset price dynamics or should it wait until the boom spontaneously turns into a crash and intervene only afterwards? The debate over this issue goes back at least to the exchange between Bernanke-Gertler (BG) and Cecchetti but has not settled yet. In...
Persistent link: https://www.econbiz.de/10010278845
Persistent link: https://www.econbiz.de/10011539229
Persistent link: https://www.econbiz.de/10011413220
Persistent link: https://www.econbiz.de/10011897726
Should the central bank prevent “excessive” asset price dynamics or should it wait until the boom spontaneously turns into a crash and intervene only afterwards? The debate over this issue goes back at least to the exchange between Bernanke-Gertler (BG) and Cecchetti but has not settled yet....
Persistent link: https://www.econbiz.de/10009371339