Asset Price Inflation and Monetary Policy
收藏NBER2002-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9321
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It is crucial that central banks and regulatory authorities be aware of effects of asset price inflation on the stability of the financial system. Lending activity based on asset collateral during the boom is hazardous to the health of lenders when the boom collapses. One way that authorities can
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美国国家经济研究局创建时间：
2002-11-01
