Ram Sharan Kharel, Christopher Martin, Costas Milas
Abstract
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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
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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
Key concepts: Monetary policy, Asset (computer security), Economics, Monetary economics, Non-performing asset, Capital asset pricing model, Macroeconomics, Financial economics