This is an unedited manuscript excerpt, from a chapter that discusses how asset price changes relate to inflation. Even if one believes that asset price increases represent inflation, the general reaction among North American central bankers would be to think you are crazy if you think asset prices should be included within an inflation target mandate.
Comments On Asset Prices And Inflation Targeting
Comments On Asset Prices And Inflation…
Comments On Asset Prices And Inflation Targeting
This is an unedited manuscript excerpt, from a chapter that discusses how asset price changes relate to inflation. Even if one believes that asset price increases represent inflation, the general reaction among North American central bankers would be to think you are crazy if you think asset prices should be included within an inflation target mandate.