How should we respond to asset price bubbles?: a speech at the Wharton Financial Institutions Center and Oliver Wyman Institute's Annual Financial Risk Roundtable, Philadelphia, Pennsylvania, May…
By Frederic S. Mishkin. 2008
126 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/a57177dbc585599dc22ba68c6abd66b7d337af2f
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- Jakob de Haan
- Michael Ehrmann
- Alan S. Blinder
- Giovanni Dell'Ariccia
- D. Jansen
- Asli Demirgüç-Kunt
- Thorsten Beck
- Olivier J. Blanchard
Citations in the corpus
- Financial intermediaries, financial stability, and monetary policy (2008, unknown): “The argument against is given in Bean (2003), Bernanke and Gertler (1999, 2001), Bernanke (2002), Greenspan (2002), Gertler (2003), Kohn (2005), Mishkin (2008) and Stark (2008).”
- How Central Should the Central Bank Be (2010, background): “Mishkin, Frederic S. 2008.”
- The Global Financial Crisis: Causes and Cures (2009, unknown): “…... if monetary policy responds immediately to the decline in asset prices, the negative effects from a bursting asset price bubble to economic activity arising from the decline in wealth and increase in the cost of capital to firms and households are likely to be small’ (Mishkin 2008).”
- Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies (2010, background): “For a discussion of tensions between the goals of expanding access and maintaining stability, see World Bank (2007). 18.”
- Rethinking Macroeconomic Policy (2010, background): “More recent attempts include, for example, Fagan and Messina (2009) and Williams (2009). difficult task, and this has led a number of researchers to argue against reacting to perceived asset bubbles and other variables (Mishkin 2008b).”
- Necessity As the Mother of Invention: Monetary Policy after the Crisis (2017, background): “Early in the crisis period, Mishkin (2008) and Blinder (2008) took a more nuanced position, arguing that not all asset price bubbles are alike.”