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Monetary policy / Economic policy / Mark Gertler / Real interest rate / Economic bubble / Business cycle / Monetary inflation / Monetarism / Taylor rule / Macroeconomics / Economics / Inflation
Date: 2001-03-02 14:04:52
Monetary policy
Economic policy
Mark Gertler
Real interest rate
Economic bubble
Business cycle
Monetary inflation
Monetarism
Taylor rule
Macroeconomics
Economics
Inflation

Should Central Banks Respond to Movements in Asset Prices? By Ben S. Bernanke and Mark Gertler* In recent decades, asset booms and busts have been important factors in macroeconomic fluctuations in both industrial and de

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