Monetary policy, asset prices and financial institutions

Booth, Philip Mark ORCID: https://orcid.org/0000-0003-4414-8720 (2017) Monetary policy, asset prices and financial institutions. In: Congdon, Tim, (ed.) Money in the Great Recession. Edward Elgar, UK, pp. 185-207. ISBN 978-1-78471-782-7 (In Press)

Abstract

This chapter examines the link between monetary policy and asset prices through the transmission mechanism. The link is explored in various theoretical paradigms (Austrian, monetarist, New Classical, New Keynesian etc). Empirical evidence is examined and implications are drawn out.

More information

Item Type:	Book Section
Date Deposited:	11 Apr 2017 14:35
URI:	https://research.stmarys.ac.uk/id/eprint/1480
Uncontrolled Keywords:	monetary policy, economics, monetarism, Austrian school
Research area:	330 Economics
School/Department:	Research Services

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