Book

Asset Prices and Monetary Policy

Edited by John Y. Campbell

Published by University of Chicago Press

Published in print October 2008 | ISBN: 9780226092119
Published online February 2013 | e-ISBN: 9780226092126 | DOI: http://dx.doi.org/10.7208/chicago/9780226092126.001.0001
Asset Prices and Monetary Policy

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  • Macroeconomics and Monetary Economics

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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 and credit, changing beliefs of investors, the level of commodity prices, and other factors.

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

Book.  443 pages.  Illustrated.

Subjects: Macroeconomics and Monetary Economics

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Table of Contents

Introduction in Asset Prices and Monetary Policy

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Revealing the Secrets of the Temple in Asset Prices and Monetary Policy

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