Asset Prices and Central Bank Policy: Geneva Reports on the World Economy 2: No. 2 - Softcover

Cecchetti, Steven G.

Softcover

ISBN 10: 1898128537 ISBN 13: 9781898128533

Publisher: Centre for Economic Policy Research, 2000

Synopsis

How should central banks view movements in equity, housing and foreign exchange markets? Can policy-makers improve economic performance by paying attention to asset prices, as well as inflation and output forecasts? Is it possible to identify asset price misalignments and bubbles? Is it possible to use non-conventional policies to address asset price misalignments? Should asset prices be included directly in measures of inflation? Do asset prices contain information about future consumer price inflation? This is the second report in a series of Geneva Reports on the World Economy, organized by the Center for International Monetary and Banking Studies, Geneva, in conjunction with the Centre for Economic Policy Research.

About this title

About the Author

Stephen G. Cecchetti is the Economic Adviser and the Head of the Monetary and Economic Department at the Bank for International Settlements. Hans Genberg is the executive director of research at the Hong Kong Monetary Authority. John Lipsky was First Deputy Managing Director at the International Monetary Fund. Prior to joining the IMF, he was Vice Chairman of the JPMorgan Investment Bank. Sushil Wadhwani was a member of the Bank of England's Monetary Policy Committee from June 1999 to May 2002. He is also the founder and chief executive officer of Wadhwani Asset Management.

Edition details

• Publisher: Centre for Economic Policy Research
• Publication date: 2000
• Language: English
• ISBN 10: 1898128537
• ISBN 13: 9781898128533
• Binding: Paperback
• Number of pages: 140