Author(s):
Alexandre, Fernando 
; Bação, Pedro
Date: 2005
Persistent ID: http://hdl.handle.net/10316/5495
Origin: Estudo Geral - Universidade de Coimbra
Subject(s): Monetary policy; Asset prices; Uncertainty
Document details
Monetary policy, asset prices, and uncertainty
Description
We show that the benefits from reacting to misalignments in asset prices may disappear when there is noise in the variables to which the monetary policy instrument responds, and this noise is positively correlated across variables. http://www.sciencedirect.com/science/article/B6V84-4DF4BG3-3/1/61435ab18474fbfc482cd00c0d067e09
We show that the benefits from reacting to misalignments in asset prices may disappear when there is noise in the variables to which the monetary policy instrument responds, and this noise is positively correlated across variables. http://www.sciencedirect.com/science/article/B6V84-4DF4BG3-3/1/61435ab18474fbfc482cd00c0d067e09
Document Type
Article
Language English
Language English
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