Asset Prices And Central Bank Policy

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Asset Prices and Central Bank Policy

Author	: Stephen Giovanni Cecchetti
Publisher	: Centre for Economic Policy Research
Total Pages	: 164
Release	: 2000
ISBN-10	: 1898128537
ISBN-13	: 9781898128533
Rating	: 4/5 (533 Downloads)

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Book Synopsis Asset Prices and Central Bank Policy by : Stephen Giovanni Cecchetti

Download or read book Asset Prices and Central Bank Policy written by Stephen Giovanni Cecchetti and published by Centre for Economic Policy Research. This book was released on 2000 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concludes the role of asset prices in monetary policy is one of the most important, and difficult, questions confronting central banks.

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Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are k

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In this book Tymoigne argues that financial stability should be the sole goal of central banks and suggests an alternative to the inflation targeting framework

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Asset Price Bubbles

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Asset Prices and Central Bank Policy

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