Macroeconomic Patterns and Monetary Policy in the Run-up to Asset Price Busts

Released on by Mr.Pau Rabanal
preview-18

  • Macroeconomic Patterns and Monetary Policy in the Run-up to Asset Price Busts Book Detail

  • Author : Mr.Pau Rabanal
  • Release Date : 2009-11-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 41
  • ISBN 13 : 1451873999
  • File Size : 27,27 MB
DOWNLOAD BOOK

Macroeconomic Patterns and Monetary Policy in the Run-up to Asset Price Busts by Mr.Pau Rabanal PDF Summary

Book Description: We find that inflation, output and the stance of monetary policy do not typically display unusual behavior ahead of asset price busts. By contrast, credit, shares of investment in GDP, current account deficits, and asset prices typically rise, providing useful, if not perfect, leading indicators of asset price busts. These patterns could also be observed in the build-up to the current crisis. Monetary policy was not the main, systematic cause of the current crisis. But, with inflation typically under control, central banks effectively accommodated these growing imbalances, raising the risk of damaging busts.

Disclaimer: www.yourbookbest.com does not own Macroeconomic Patterns and Monetary Policy in the Run-up to Asset Price Busts books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Evaluating Historical CGER Assessments

Evaluating Historical CGER Assessments

File Size : 77,77 MB
Total View : 3547 Views
DOWNLOAD

The IMF's Consultative Group on Exchange Rate issues (CGER) has been conducting exchange rate assessments as part of the surveillance process since 1997. This p