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Asset Price Bubbles: The Implications For Monetary, Regulatory, And International Policies
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ISBN13：9780262582537
出版社：Mit Pr
作者：William C. Hunter; George G. Kaufman; Michael Pomerleano
出版日：2005/01/14
裝訂／頁數：平裝／607頁
規格：22.2cm*15.2cm*2.5cm (高/寬/厚)
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商品簡介
In both the industrialized and developing worlds, a distinctive feature of the last two decades has been prolonged buildups and sharp collapses in asset markets such as stock, housing, and exchange markets. The volatility has sparked intense debate in academic and policy circles over the appropriate monetary and regulatory response to dramatic market shifts.
This book examines asset price bubbles to further our understanding of the causes and implications of financial instability, focusing on the potential of central banks and regulatory agencies to prevent it. The book grew out of a conference jointly sponsored by the Federal Reserve Bank of Chicago and the World Bank Group in April 2002.
This book examines asset price bubbles to further our understanding of the causes and implications of financial instability, focusing on the potential of central banks and regulatory agencies to prevent it. The book grew out of a conference jointly sponsored by the Federal Reserve Bank of Chicago and the World Bank Group in April 2002.
作者簡介
William Curt Hunter is Dean of the School of Business at the University of Connecticut and former Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago.
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