Forum: Tackling asset-price bubbles

Few topics in the theory and practice of central banking are as hotly debated as the relationship between monetary policy and asset prices. While most observers agree that fluctuations in stock prices, real estate values, and other asset prices can typically be managed within the conventional neo-Keynesian framework as one of many factors that affect the outlook for real activity and inflation, the treatment of more pronounced asset-price "bubbles" is a more contentious matter.

The argument of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.