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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Detalhes bibliográficos
Autor principal: Pacheco, Luís Miguel (author)
Formato: article
Idioma:eng
Publicado em: 2013
Assuntos:
Texto completo:http://hdl.handle.net/11328/408
País:Portugal
Oai:oai:repositorio.uportu.pt:11328/408