What Weight Should be Given to Asset Prices in the Measurementof Inflation

2001

168 citations recorded by the source corpus.

Citations in the corpus

Asset Prices and the Conduct of Monetary Policy (2002, unknown): “Cecchetti, Genberg, Lipsky and Wadwhani (2000) and Goodhart (2001) argue in favour of a direct response of monetary policy to asset price movements which are not in line with perceived fundamentals, while Bernanke and Gertler (1999) and Gertler, Goodfriend, Issing and Spaventa (1998) are more…”
Whither monetary and financial stability? the implications of evolving policy regimes (2004, unknown): “Goodhart (2001) analyses this important but rather neglected issue in some detail.”
Monetary Policy, Term Structure and Asset Return: Comparing REIT, Housing and Stock (2011, unknown): “For instance, among central bankers and scholars, Goodhart (2001) and Bernanke and Gertler (2001) express very different points of view on whether the monetary policy should react to asset price movements.”
Monetary policy in the UK (2007, unknown): “There is, however, an alternative view, which argues for asset price control (see, for example, Goodhart, 2001; Cecchetti et al., 2002; Arestis and Karakitsos, 2005).”
Liquidity Shocks and Asset Price Boom/Bust Cycles (2007, unknown): “Goodhart (2001) argues instead for an inclusion of only housing prices rather than equity prices.”