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The Complex Response of Monetary Policy to Asset Prices

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Author Info
Ram Kharel (Economics and Finance Brunel University)
Chris Martin (Economics and Finance Brunel University)
Costas Milas (Keele)

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Abstract

There is a large literature on monetary policy and asset prices. There are 2 aspects to this literature: do monetary policymakers respond to asset prices? should monetary policymakers respond to asset prices? This paper addresses the first of thes

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Publisher Info
Paper provided by Money Macro and Finance Research Group in its series Money Macro and Finance (MMF) Research Group Conference 2006 with number 153.

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Date of creation: 02 Feb 2007
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Handle: RePEc:mmf:mmfc06:153

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