Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10001728144
Persistent link: https://www.econbiz.de/10003176485
Persistent link: https://www.econbiz.de/10003621627
Persistent link: https://www.econbiz.de/10003387616
This paper analyses the relationship between monetary policy and asset prices using a structural rational expectations model that allows for the effect of asset prices on aggregate demand. We assume that asset prices follow a partial adjustment mechanism whereas they are positively affected by...
Persistent link: https://www.econbiz.de/10005076790
Persistent link: https://www.econbiz.de/10002093647