E B U B B L E S A / Thomson Financial / Standard & Poor / MIT Press / CENTRAL BANK RESPONSES / /
Country
Japan / United States / /
Facility
Japan Real Estate Economic Research Institute / /
IndustryTerm
real estate / stronger real estate price booms / telecommunication technologies / financial systems / bank / bank balance sheets / real estate market / market-based financial systems / liquidity services / /
MarketIndex
DJ Euro Stoxx 50 / /
Organization
Federal Government / International Monetary Fund / MIT / Japan Real Estate Economic Research Institute / European Central Bank / Federal Reserve Board / European monetary union / Reserve Bank of Australia / Statistics Bureau / Federal Reserve Bank of Kansas City / /
Person
M. Pomerleano / G. Kaufmann / W. Hunter / /
Position
Rt / analyst / /
ProvinceOrState
New York / /
PublishedMedium
Journal of Money / Credit and Banking / The Economic Journal / /
ARTICLES A S S E T P R I C E B U B B L E S A N D M O N E TA RY P O L I C Y At times, asset prices seem to rise beyond levels that are considered consistent with an appropriate valuation of the underlying asset. Such deve