Optimal Monetary Policy and Rational Asset Bubbles
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- Bonchi, Jacopo & Nisticò, Salvatore, 2024. "Optimal monetary policy and rational asset bubbles," European Economic Review, Elsevier, vol. 170(C).
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More about this item
Keywords
Rational bubbles; Optimal monetary policy; Stochastic Asset Market Participation; Consumption dispersion;All these keywords.
JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2023-10-02 (Banking)
- NEP-CBA-2023-10-02 (Central Banking)
- NEP-DGE-2023-10-02 (Dynamic General Equilibrium)
- NEP-MAC-2023-10-02 (Macroeconomics)
- NEP-MON-2023-10-02 (Monetary Economics)
Statistics
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