Sims, Christopher A - Bank for International Settlements (BIS) - 2009
policy might have somehow fueled these bubble-like episodes in asset markets. These are important questions for monetary … policy, and it is disturbing that the monetary policy models in use cannot even be used to pose these questions. In this … Conference on "Whither monetary policy? Monetary policy challenges in the decade ahead" in Luzern, Switzerland, on 26-27 June …