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Monetary Policy and Asset Price Volatility: Should We Refill the Bernanke-Gertler Prescription? Kenneth N. Kuttner∗ June 3, 2011 Abstract
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Document Date: 2011-09-14 18:27:30


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E44 / G12 1 Introduction Central / Cargill / E52 / E58 / /

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Japan / United States / Canada / United Kingdom / /

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Williams College / Loyola University / /

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bank seeking / wrong tool / policy tool / bank / financial stability tool / favorable technology shocks / finance / finance premium / marginal product / real estate prices / bank tightening policy / /

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Loyola University Chicago / Economics Department / International Monetary Fund / US Federal Reserve / Bank of Japan / Federal Reserve’s Federal Open Market Committee / New York Fed / Williams College / Bank of England / /

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Alan Greenspan / Kenneth N. Kuttner∗ June / Wheelock / Jalal Baghishov / Benjamin Strong / Abstract Bernanke / Irving Fisher / /

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model of financial stability / president / standard NK model / rt / Officer / /

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simulation / /

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