Monetary policy and asset prices: to res
β
Q. Farooq Akram; Gunnar BΓ€rdsen; Γyvind Eitrheim
π
Article
π
2006
π
John Wiley and Sons
π
English
β 369 KB
We investigate whether there is a case for asset prices in interest rates rules within a small econometric model of the Norwegian economy, modelling the interdependence of the real economy, credit and three classes of asset prices: housing prices, equity prices and the nominal exchange rate. We comp