Asset prices in monetary policy rules: should they stay or should they go?
The nature of the relationship between asset price movements and monetary policy is a currently hotly debated topic in macroeconomics. We analyse that relationship using a standard dynamic stochastic general equilibrium model, augmented by an equation featuring the asset prices deviations from a tre...
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| Format: | article |
| Language: | eng |
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2013
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| Online Access: | http://hdl.handle.net/11328/408 |
| Country: | Portugal |
| Oai: | oai:repositorio.uportu.pt:11328/408 |