Monetary Policy and Rational Asset Price Bubbles

Jordi Galí, Tue, 02/12/2013



Vox readers can download CEPR Discussion Paper 9355 for free here.

Journalists are entitled to free DP downloads on request; please contact To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.


Topics:  Macroeconomic policy Monetary policy

Tags:  asset-price volatility, leaning against the wind policies, monetary policy rules, stabilisation policies