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Asset Prices and Monetary Policy
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Asset Prices and Monetary Policy

John Y. Campbell

Abstract

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 this book, 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 a ... More

Keywords: economic growth, inflation, financial stability, policy makers, central banks, Federal Reserve, asset markets, economy, economic system, central bankers

Bibliographic Information

Print publication date: 2008 Print ISBN-13: 9780226092119
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226092126.001.0001

Authors

Affiliations are at time of print publication.

John Y. Campbell, editor

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