Central banking, asset prices and financial fragility /

Includes bibliographical references (p. [282]-313) and index.

This book focus the impact of monetary policy on economic growth, unemployment, and output-price inflation as well as financial behaviours, and financial supervision and regulation. The book that central banks should be included in a broad policy strategy that aims at achieving stable full employment; promotion financial stability; central banks should stop moving their policy rate frequently and widely because that creates inflation, speculation, and economic instability; central banks should be a guide and a reformer that allow a smooth financing and funding of asset positions, while making sure that financial fragility does not increase drastically over a period of expansion.

lje 02/05/13

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