IDEAS home Printed from https://ideas.repec.org/r/chb/bcchwp/710.html
   My bibliography  Save this item

Does Expansionary Monetary Policy Cause Asset Price Booms? Some Historical and Empirical Evidence

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as


Cited by:

  1. Markus K. Brunnermeier & Isabel Schnabel, 2014. "Bubbles and Central Banks: Historical Perspectives," Working Papers 1411, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, revised 31 Oct 2014.
  2. Aßmuth, Pascal, 2015. "Stock price related financial fragility and growth patterns," Center for Mathematical Economics Working Papers 539, Center for Mathematical Economics, Bielefeld University.
  3. Mortaza OJAGHLOU & Begum KAYA SOZTANACI, 2022. "Interest Rate Pass-Through and Monetary Transmission Mechanism in Turkey," Isletme ve Iktisat Calismalari Dergisi, Econjournals, vol. 10(1), pages 46-54.
  4. Piotr Krajewski & Agata Szymanska, 2019. "The effectiveness of fiscal policy within business cycle-Ricardians vs. non-Ricardians approach," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 19(2), pages 195-215.
  5. Whelsy Boungou, 2019. "Negative Interest Rates, Bank Profitability and Risk-taking," Working Papers hal-03456106, HAL.
  6. John B. Taylor, 2014. "The Role of Policy in the Great Recession and the Weak Recovery," American Economic Review, American Economic Association, vol. 104(5), pages 61-66, May.
  7. Piotr Ciżkowicz & Andrzej Rzońca & Andrzej Torój, 2019. "In Search of an Appropriate Lower Bound. The Zero Lower Bound vs. the Positive Lower Bound under Discretion and Commitment," German Economic Review, Verein für Socialpolitik, vol. 20(4), pages 1028-1053, November.
  8. John B. Taylor, 2014. "Causes of the Financial Crisis and the Slow Recovery: A Ten-Year Perspective," Book Chapters, in: Martin Neil Baily & John B. Taylor (ed.), Across the Great Divide: New Perspectives on the Financial Crisis, chapter 3, Hoover Institution, Stanford University.
  9. Meixing Dai, 2013. "La politique monétaire par le gonflement des bulles," Bulletin de l'Observatoire des politiques économiques en Europe, Observatoire des Politiques Économiques en Europe (OPEE), vol. 29(1), pages 15-24, December.
  10. Gregory Bauer, 2014. "International House Price Cycles, Monetary Policy and Risk Premiums," Staff Working Papers 14-54, Bank of Canada.
  11. de la Horra, Luis P. & de la Fuente, Gabriel & Perote, Javier, 2019. "The drivers of Bitcoin demand: A short and long-run analysis," International Review of Financial Analysis, Elsevier, vol. 62(C), pages 21-34.
  12. Christophe Blot & Paul Hubert & Fabien Labondance, 2017. "Does monetary policy generate asset price bubbles ?," SciencePo Working papers Main hal-03471824, HAL.
  13. repec:hal:spmain:info:hdl:2441/74362fq3f99s299n07e84dlcib is not listed on IDEAS
  14. Alonso-Rivera, Angélica & Cruz-Aké, Salvador & Venegas-Martínez, Francisco, 2014. "Impact of Monetary Policy on Financial Markets Efficiency and Speculative Bubbles: A Non-linear Entropy-based Approach," MPRA Paper 56127, University Library of Munich, Germany.
  15. Michael D. Bordo, 2014. "The Federal Reserve's Role: Actions Before, During, and After the 2008 Panic the Historical Context of the Great Contraction," Book Chapters, in: Martin Neil Baily & John B. Taylor (ed.), Across the Great Divide: New Perspectives on the Financial Crisis, chapter 6, Hoover Institution, Stanford University.
  16. repec:hal:spmain:info:hdl:2441/2geqol5jud8hgonsak4roj21gh is not listed on IDEAS
  17. Benjamin Beckers & Kerstin Bernoth, 2016. "Monetary Policy and Mispricing in Stock Markets," Discussion Papers of DIW Berlin 1605, DIW Berlin, German Institute for Economic Research.
  18. repec:spo:wpmain:info:hdl:2441/3eg9t5b1sb8phpnt79jr73qjr7 is not listed on IDEAS
  19. Christophe Blot & Paul Hubert & Fabien Labondance, 2018. "Monetray policy and asset price bubbles," Working Papers hal-03471562, HAL.
  20. Paul Beaudry & Dana Galizia & Franck Portier, 2018. "Reconciling Hayek’s and Keynes’ Views of Recessions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(1), pages 119-156.
  21. Michael D. Bordo & Andrew T. Levin & Mickey D. Levy, 2020. "Incorporating Scenario Analysis into the Federal Reserve’s Policy Strategy and Communications," NBER Working Papers 27369, National Bureau of Economic Research, Inc.
  22. De Luigi, Clara & Schuberth, Helene & Feldkircher, Martin & Poyntner, Philipp, 2019. "Effects of the ECB's Unconventional Monetary Policy on Real and Financial Wealth," Department of Economics Working Paper Series 286, WU Vienna University of Economics and Business.
  23. Schnabl Gunther & Müller Sebastian, 2019. "The Brexit as a Forerunner: Monetary Policy, Economic Order and Divergence Forces in the European Union," The Economists' Voice, De Gruyter, vol. 16(1), pages 1-18, December.
  24. Giri, Federico & Riccetti, Luca & Russo, Alberto & Gallegati, Mauro, 2019. "Monetary policy and large crises in a financial accelerator agent-based model," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 42-58.
  25. German Forero-Laverde, 2016. "Are All Booms and Busts Created Equal? A New Methodology for Understanding Bull and Bear Stock Markets," UB School of Economics Working Papers 2016/339, University of Barcelona School of Economics.
  26. Karl-Friedrich Israel & Tim Florian Sepp & Nils Sonnenberg, 2022. "Japanese monetary policy and household saving," Applied Economics, Taylor & Francis Journals, vol. 54(21), pages 2373-2389, May.
  27. Mayer, Thomas & Schnabl, Gunther, 2021. "Covid-19 and the euthanasia of interest rates: A critical assessment of central bank policy in our times," Journal of Policy Modeling, Elsevier, vol. 43(6), pages 1241-1258.
  28. Costantini, Mauro & Sousa, Ricardo M., 2022. "What uncertainty does to euro area sovereign bond markets: Flight to safety and flight to quality," Journal of International Money and Finance, Elsevier, vol. 122(C).
  29. John B. Taylor, 2014. "The Federal Reserve in a globalized world economy," Globalization Institute Working Papers 200, Federal Reserve Bank of Dallas.
  30. Beckers, Benjamin & Bernoth, Kerstin, 2016. "Monetary Policy and Asset Mispricing," VfS Annual Conference 2016 (Augsburg): Demographic Change 145684, Verein für Socialpolitik / German Economic Association.
  31. Blot, Christophe & Hubert, Paul & Labondance, Fabien, 2024. "The asymmetric effects of monetary policy on stock price bubbles," European Economic Review, Elsevier, vol. 168(C).
  32. Michael D. Bordo & Pierre L. Siklos, 2017. "Central Banks: Evolution and Innovation in Historical Perspective," NBER Working Papers 23847, National Bureau of Economic Research, Inc.
  33. John Taylor, 2014. "Causes of the Financial Crisis and the Slow Recovery: A 10-Year Perspective," Discussion Papers 13-026, Stanford Institute for Economic Policy Research.
  34. Dong, Yan & Wang, Cong, 2021. "The effect of stimulus policy on lending behavior and bank risk: Evidence from the Chinese banking sector," Emerging Markets Review, Elsevier, vol. 49(C).
  35. David le Bris, 2018. "What is a market crash?," Economic History Review, Economic History Society, vol. 71(2), pages 480-505, May.
  36. Mr. JaeBin Ahn & Mr. Romain A Duval & Can Sever, 2020. "Macroeconomic Policy, Product Market Competition, and Growth: The Intangible Investment Channel," IMF Working Papers 2020/025, International Monetary Fund.
  37. Janusz Sobieraj & Dominik Metelski, 2021. "Testing Housing Markets for Episodes of Exuberance: Evidence from Different Polish Cities," JRFM, MDPI, vol. 14(9), pages 1-29, September.
  38. Latsos, Sophia, 2018. "Real wage effects of Japan's monetary policy," Working Papers 153, University of Leipzig, Faculty of Economics and Management Science.
  39. repec:hal:spmain:info:hdl:2441/3eg9t5b1sb8phpnt79jr73qjr7 is not listed on IDEAS
  40. Pablo Agnese & Jana Hromcová, 2018. "Bubble economics and structural change: the cases of Spain and France compared," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 21(1), pages 59-79, January.
  41. Latsos Sophia & Schnabl Gunther, 2021. "Determinants of Japanese Household Saving Behavior in the Low-Interest Rate Environment," The Economists' Voice, De Gruyter, vol. 18(1), pages 81-99, December.
  42. Ayako Saiki & Jon Frost, 2014. "Does unconventional monetary policy affect inequality? Evidence from Japan," Applied Economics, Taylor & Francis Journals, vol. 46(36), pages 4445-4454, December.
  43. Aßmuth, Pascal, 2017. "Stock price related financial fragility and growth patterns," Economics Discussion Papers 2017-108, Kiel Institute for the World Economy (IfW Kiel).
  44. Arwiphawee Srithongrung, 2016. "Public finance and monetary policies as economic stabilizer: Unique or universal across countries?," Nóesis. Revista de Ciencias Sociales y Humanidades, Nóesis. Revista de Ciencias Sociales y Humanidades, vol. 25, pages 13-46, 49.
  45. Hennecke, Peter, 2017. "The interest rate pass-through in the low interest rate environment: Evidence from Germany," Thuenen-Series of Applied Economic Theory 151, University of Rostock, Institute of Economics.
  46. Latsos Sophia, 2018. "Real Wage Effects of Japan’s Monetary Policy," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 69(1), pages 177-215, July.
  47. de Resende, Charlene C. & Pereira, Adriano C.M. & Cardoso, Rodrigo T.N. & de Magalhães, A.R. Bosco, 2017. "Investigating market efficiency through a forecasting model based on differential equations," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 474(C), pages 199-212.
  48. Aßmuth, Pascal, 2020. "Stock price related financial fragility and growth patterns," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 14, pages 1-34.
  49. John B. Taylor, 2014. "Inflation Targeting In Emerging Markets: The Global Experience," Economics Working Papers 14112, Hoover Institution, Stanford University.
  50. Poeschl, Johannes & Gerba, Eddie & Leiva-Leon, Danilo, 2023. "When Credit Expansions Become Troublesome: The Story of Investor Sentiments," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277699, Verein für Socialpolitik / German Economic Association.
  51. Domenico Lombardi & Pierre Siklos & Samantha St. Amand, 2018. "A Survey Of The International Evidence And Lessons Learned About Unconventional Monetary Policies: Is A ‘New Normal’ In Our Future?," Journal of Economic Surveys, Wiley Blackwell, vol. 32(5), pages 1229-1256, December.
  52. repec:spo:wpmain:info:hdl:2441/74362fq3f99s299n07e84dlcib is not listed on IDEAS
  53. John B. Taylor, 2014. "Monetary Policy and the State of the Economy," Economics Working Papers 14107, Hoover Institution, Stanford University.
  54. Agnese, Pablo & Thoss, Jonathan, 2021. "New Moneys under the New Normal? Bitcoin and Gold Interdependence during COVID Times," IZA Discussion Papers 14323, Institute of Labor Economics (IZA).
  55. Karl-Friedrich Israel & Sophia Latsos, 2020. "The impact of (un)conventional expansionary monetary policy on income inequality – lessons from Japan," Applied Economics, Taylor & Francis Journals, vol. 52(40), pages 4403-4420, August.
  56. repec:spo:wpmain:info:hdl:2441/2geqol5jud8hgonsak4roj21gh is not listed on IDEAS
IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.