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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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Document Date: 2001-03-02 14:04:52


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bank policy / technology shocks / coarse grid search / finance / bank / external finance decline / technology shock / /

Person

Mark Watson / Frederic Mishkin / Andrew J. Filardo / Simon Gilchrist / Charles Goodhart / Stephen Cecchetti / Mark Gertler / Edward Nelson / Hans Genberg / Sushil Wadhwani / John Lipsky / Olivier Blanchard / Ben S. Bernanke / Nicoletta Batini / /

Position

Representative / model of Bernanke / /

Technology

Simulation / 2.85 9.44 14.77 4.11 0.10 0.17 0.42 0.09 0.07 Technology / /

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