See No Evil, Hear No Evil, Speak No Evil: The Policy Response to an Asset Market Bubble--The Fed Under Ben Bernanke
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- Synopsis
- One of the most controversial questions in central banking is how policy makers should factor asset markets into their decision making. The toughest policy challenge comes in the extreme environment of a suspected asset price bubble or bust. Should a central bank step in to try to stop an unsustainable surge in asset prices? And, should the bubble burst, how long should a central bank wait before cutting interest rates? This chapter examines Ben Bernanke's approach.
- Copyright:
- 2008
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 08/02/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.