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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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File Size: 52,43 KB
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IndustryTerm
bank policy /
technology shocks /
coarse grid search /
finance /
bank /
external finance decline /
technology shock /
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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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SocialTag
Monetary policy
Economic policy
Mark Gertler
Real interest rate
Economic bubble
Business cycle
Monetary inflation
Monetarism
Taylor rule
Macroeconomics