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Too much risk?

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Author Info

  • Joseph G. Haubrich
  • Ben Craig

Abstract

Are asset prices climbing too far too fast? Do they signal the approach of an unsustainable boom that the FOMC should step in and stop before it gathers speed? Bubbles are notoriously hard to spot beforehand, and even if we were better at it, no one is sure what the best monetary policy response would be.

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File URL: http://www.clevelandfed.org/Research/commentary/2005/0315.pdf
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Bibliographic Info

Article provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.

Volume (Year): (2005)
Issue (Month): Mar 15 ()
Pages:

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Handle: RePEc:fip:fedcec:y:2005:i:mar15

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Related research

Keywords: Economic conditions - United States ; Monetary policy;

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Cited by:
  1. Dong Fu, 2007. "National, regional and metro-specific factors of the U.S. housing market," Working Papers 0707, Federal Reserve Bank of Dallas.

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