LEADER 04253nam 2200769 a 450 001 9910819065603321 005 20200520144314.0 010 $a1-281-95929-4 010 $a9786611959296 010 $a0-226-09212-7 024 7 $a10.7208/9780226092126 035 $a(CKB)1000000000579532 035 $a(EBL)432201 035 $a(OCoLC)304611211 035 $a(SSID)ssj0000106857 035 $a(PQKBManifestationID)11124874 035 $a(PQKBTitleCode)TC0000106857 035 $a(PQKBWorkID)10111034 035 $a(PQKB)11490170 035 $a(StDuBDS)EDZ0000115731 035 $a(MiAaPQ)EBC432201 035 $a(DE-B1597)524801 035 $a(DE-B1597)9780226092126 035 $a(Au-PeEL)EBL432201 035 $a(CaPaEBR)ebr10266083 035 $a(CaONFJC)MIL195929 035 $a(PPN)156974797 035 $a(EXLCZ)991000000000579532 100 $a20080111d2008 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aAsset prices and monetary policy /$fedited by John Y. Campbell 205 $a1st ed. 210 $aChicago $cUniversity of Chicago Press$d2008 215 $a1 online resource (444 p.) 225 1 $aA National Bureau of Economic Research conference report 300 $aDescription based upon print version of record. 311 $a0-226-09211-9 320 $aIncludes bibliographical references and indexes. 327 $aMeasuring the macroeconomic risks posed by asset price booms / Stephen G. Cecchetti -- Expectations, asset prices, and monetary policy : the role of learning / Simon Gilchrist and Masashi Saito -- Optimal monetary policy with collateralized household debt and borrowing constraints / Tommaso Monacelli -- Inflation illusion, credit, and asset prices / Monika Piazzesi and Martin Schneider -- Learning, macroeconomic dynamics, and the term structure of interest rates / Hans Dewachter and Marco Lyrio -- Revealing the secrets of the temple : the value of publishing central bank interest rate projections / Glenn D. Rudebusch and John C. Williams -- The effect of monetary policy on real commodity prices / Jeffrey A. Frankel -- Noisy macroeconomic announcements, monetary policy, and asset prices / Roberto Rigobon and Brian Sack -- Is bad news about inflation good news for the exchange rate? And, if so, can that tell us anything about the conduct of monetary policy? / Richard H. Clarida and Daniel Waldman. 330 $aEconomic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these goals. In Asset Prices and Monetary Policy, leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system. The contributors examine how central bankers determine their policy prescriptions with reference to the fluctuating housing market, the balance of debt and credit, changing beliefs of investors, the level of commodity prices, and other factors. At a time when the public has never been more involved in stocks, retirement funds, and real estate investment, this insightful book will be useful to all those concerned with the current state of the economy. 410 0$aNational Bureau of Economic Research conference report. 606 $aMonetary policy 606 $aSecurities$xPrices 606 $aSpeculation 606 $aCapital assets pricing model 606 $aInvestment analysis$xMathematics 606 $aCapital investments 615 0$aMonetary policy. 615 0$aSecurities$xPrices. 615 0$aSpeculation. 615 0$aCapital assets pricing model. 615 0$aInvestment analysis$xMathematics. 615 0$aCapital investments. 676 $a339.5/3 701 $aCampbell$b John Y$0117380 712 02$aNational Bureau of Economic Research. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910819065603321 996 $aAsset prices and monetary policy$92622916 997 $aUNINA