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The Complex Response of Monetary Policy to Asset Prices

Author

Listed:
  • Ram Kharel

    (Economics and Finance Brunel University)

  • Chris Martin

    (Economics and Finance Brunel University)

  • Costas Milas

    (Keele)

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

Suggested Citation

  • Ram Kharel & Chris Martin & Costas Milas, 2007. "The Complex Response of Monetary Policy to Asset Prices," Money Macro and Finance (MMF) Research Group Conference 2006 153, Money Macro and Finance Research Group.
  • Handle: RePEc:mmf:mmfc06:153
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    File URL: http://repec.org/mmf2006/up.10715.1148296787.pdf
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