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The Complex Response of Monetary Policy to Asset Prices

Ram Kharel, Chris Martin and Costas Milas
Additional contact information
Ram Kharel: Economics and Finance Brunel University
Chris Martin: Economics and Finance Brunel University

No 153, Money Macro and Finance (MMF) Research Group Conference 2006 from Money Macro and Finance Research Group

Abstract: There is a large literature on monetary policy and asset prices. There are 2 aspects to this literature: do monetary policymakers respond to asset prices? should monetary policymakers respond to asset prices? This paper addresses the first of thes

New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
Date: Written

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Persistent link: http://EconPapers.repec.org/RePEc:mmf:mmfc06:153

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