Publication

2008-08-01 - University Of Chicago Press

Language

English

Word Count

98,000 words, Guess

Page Count

392 pages

Physical Format

Hardcover

Identifiers

and 4 more

Classifications

  • LCCHG230.3.A733 2008
  • LCCHG230.3 .A733 2008

Description

Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these goals. In Asset Prices and Monetary Policy, leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system.The contributors examine how central bankers determine their policy prescriptions with reference to the fluctuating housing market, the balance of debt and credit, changing beliefs of investors, the level of commodity prices, and other factors. At a time when the public has never been more involved in stocks, retirement funds, and real estate investment, this insightful book will be useful to all those concerned with the current state of the economy.

Description

"Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these aims. In Asset Prices and Monetary Policy, leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system. The contributors examine how central bankers determine their policy prescriptions in an uncertain and even chaotic environment marked by fluctuating housing markets, the balance of debt and credit, changing beliefs of investors, the level of commodity prices, and other factors. At a time when the public has never been more involved in stocks, retirement funds, and real estate investment, this insightful book will be useful to all those concerned with the current state of the economy."--Jacket.

Subjects

Other Editions

  • Asset Prices and Monetary Policy (National Bureau of Economic Research Conference Report)HardcoverUniversity Of Chicago Press2008-08-01

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