Similar Search Results

Asset price booms and monetary policy

Detken, Carsten - 2004

Persistent link: https://www.econbiz.de/10013434703

With a bang, not a whimper : pricking Germany's 'stock market bubble' in 1927 and the slide into depression

Voth, Hans-Joachim - 2002

Persistent link: https://www.econbiz.de/10013423834

Financial fragility, bubbles and monetary policy

Illing, Gerhard - 2001

This paper models the links between financial fragility, asset markets and monetary policy. It is shown, that central bank's concern about the cost of financial disruption generates an asymmetric response, thus contributing to the creation of an asset price bubble in an economy with a highly...

Persistent link: https://www.econbiz.de/10014460987

Bubbly bailout

Dong, Feng; Xu, Zhiwei - In: Journal of economic theory 202 (2022), pp. 1-30

Persistent link: https://www.econbiz.de/10013373493

The asymmetric effects of monetary policy on stock price bubbles

Blot, Christophe; Hubert, Paul; Labondance, Fabien - In: European economic review : EER 168 (2024), pp. 1-18

Persistent link: https://www.econbiz.de/10015076490

Geldpolitik und Vermögenspreise : eine Analyse der Auswirkungen von Vermögenspreisschwankungen und geldpolitische Handlungsmöglichkeiten

Oestreich, Agnes - 2013

Persistent link: https://www.econbiz.de/10010190600

A comment on monetary policy and rational asset price bubbles

Allen, Franklin; Barlevy, Gadi; Gale, Douglas - 2023

Galí (2014) showed that a monetary policy rule that raises interest rates in response to bubbles can paradoxically lead … to larger bubbles. This comment shows that a central bank that wants to dampen bubbles can always do so by raising … argue Galí's model contains additional equilibria in which more aggressive rules dampen bubbles. We show that for these …

Persistent link: https://www.econbiz.de/10014316806

Did the FED react to asset price bubbles?

Luik, Marc-Andre; Wesselbaum, Dennis - In: The B.E. journal of macroeconomics 21 (2021) 2, pp. 745-772

Persistent link: https://www.econbiz.de/10012806224

Bubbles, crashes and risk

Branch, William A.; Evans, George W. - 2013

Persistent link: https://www.econbiz.de/10010241562

A model of financial bubbles and drawdowns with non-local behavioral self-referencing

Malevergne, Yannick; Sornette, Didier; Wei, Ran - 2021

We propose a novel class of models in which the crash hazard rate is determined by a function of a non-local estimation of mispricing. Rooted in behavioral finance, the non-local estimation embodies in particular the characteristic of "anchoring" on past price levels and the "probability...

Persistent link: https://www.econbiz.de/10012800780