Asset Prices and Monetary Policy
- Contents
- Review Quotes

Introduction
John Y. Campbell
1. Measuring the Macroeconomic Risks Posed by Asset Price Booms
Stephen G. Cecchetti
Comment: Andrew Levin
Discussion Summary
2. Expectations, Asset Prices, and Monetary Policy: The Role of Learning
Simon Gilchrist and Masashi Saito
Discussion Summary
3. Optimal Monetary Policy with Collateralized Household Debt and Borrowing Constraints
Tommaso Monacelli
Comment: Hanno Lustig
Discussion Summary
4. Inflation Illusion, Credit, and Asset Prices
Monika Piazzesi an Martin Schneider
Comment: Markus K. Brunnermeier
Discussion Summary
5. Learning, Macroeconomic Dynamics, and the Term Structure of Interest Rates
Hans Dewachter and Marco Lyrio
Comment: Jordi Galí
6. Revealing the Secrets of the Temple: The Value of Publishing Central Bank Interest Rate Projections
Glenn D. Rudebusch and John C. Williams
Comment: Marvin Goodfriend
Discussion Summary
7. The Effect of Monetary Policy on Real Commodity Prices
Jeffrey A. Frankel
Comment: Lars E.O. Svensson
Discussion Summary
8. Noisy Macroeconomic Announcements, Monetary Policy, and Asset Prices
Roberto Rigobon and Brian Sack
Comment: Leonardo Bartolini
Discussion Summary
9. Is Bad News about Inflation Good News for the Exchange Rate? And, If So, Can That Tell Us Anything about the Conduct of Monetary Policy?
Richard H. Clarida and Daniel Waldman
Comment: Charles Engel
Discussion Summary
Remarks
Donald L. Kohn
Laurence H. Meyer
William C. Dudley
Discussion Summary
Contributors
Author Index
Subject Index
Economics and Business: Economics--Government Finance | Economics--International and Comparative | Economics--Money and Banking
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