The conduct of monetary policy under risks to financial stability : a game - theoretic approach

Asset prices offer useful information for monetary policymakers in the short-term, yet their significant relationship to primary policy-indicators is debated. In one view bubbles are difficult to recognise and central banks should act just against the adverse consequences of their unwinding. The opp...

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Bibliographic Details
Main Author: Kokores, Ioanna
Published: University of Birmingham 2009
Subjects:
330
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.514064