What Should Monetary Policy do in the Face of Soaring Asset Prices and Rampant Credit Growth?
In the aftermath of the financial crisis macroeconomists once again took an interest in the options offered by monetary policy to deal with asset price bubbles. Empirical studies seem to show that the soaring debt of agents is more dangerous than the soaring prices of financial assets. Macroprudenti...
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| Médium: | Article ou chapitre numérique |
| Jazyk: | Français |
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2019
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| On-line přístup: | Accès Université d'Orléans et IFPM Accès Université d'Orléans et IFPM |