Akram, Q. Farooq; Eitrheim, Øyvind - Norges Bank - 2006
, and whether additional stabilisation of asset prices and credit growth would enhance financial stability, in particular … allow a response to asset prices and credit growth, in addition to inflation and output. We find that output stability also … stabilisation of house prices, equity prices and/or credit growth enhances stability in both inflation and output, but not financial …