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 key institutions for achieving these goals. In "Asset Prices and Monetary Policy", leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system.The contributors examine how central bankers determine their policy prescriptions with reference to the fluctuating housing market, the balance of debt and credit, changing beliefs of investors, the level of commodity prices, and other factors. At a time when the public has never been more involved in stocks, retirement funds, and real estate investment, this insightful book will be useful to all those concerned with the current state of the economy.
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Economic growth, low inflation, and financial stability are among the goals of policy makers, and central banks such as Federal Reserve are key institutions for achieving these goals. This title examines how central bankers determine their policy prescriptions with reference to the fluctuating housing market, and balance of debt and credit.
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Produktdetaljer
ISBN
9780226092119
Publisert
2008-10-15
Utgiver
Vendor
University of Chicago Press
Vekt
737 gr
Høyde
23 mm
Bredde
16 mm
Dybde
3 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
440
Redaktør