Boom-Busts in Asset Prices, Economic Instability, and Monetary Policy
收藏NBER2002-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8966
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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
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美国国家经济研究局创建时间：
2002-05-01
