Can Monetary Policy Help to Stabilise Asset Prices?

Should central banks use monetary policy to stabilise asset prices, particularly home and equity prices? Stefan Gerlach, professor of monetary economics, Johann Wolfgang Goethe University of Frankfurt, points out that no central bank has had lowering home prices as one of its policy goals. Gerlach s...

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Bibliographic Details
Main Author: Knowledge@SMU
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
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Online Access:https://ink.library.smu.edu.sg/ksmu/40
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1039&context=ksmu
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Institution: Singapore Management University
Language: English

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