Central Banking, Asset Prices and Financial Fragility
Author:   Éric Tymoigne (California State University, USA)
Publisher:   Taylor & Francis Ltd
Volume:   v. 51
ISBN:  

9780415773997


Pages:   336
Publication Date:   21 November 2008
Format:   Hardback
Availability:   In Print   Availability explained
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Central Banking, Asset Prices and Financial Fragility


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Full Product Details

Author:   Éric Tymoigne (California State University, USA)
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Volume:   v. 51
Dimensions:   Width: 15.60cm , Height: 2.30cm , Length: 23.40cm
Weight:   0.780kg
ISBN:  

9780415773997


ISBN 10:   0415773997
Pages:   336
Publication Date:   21 November 2008
Audience:   College/higher education ,  Tertiary & Higher Education ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

1 Introduction, 2 Central banking, asset prices, and financial fragility, 3 Asset-price theories and central banking, 4 Against the instrumental use of interest rates, 5 An analysis of financial fragility in the Minskian tradition, 6 Financial matters in the decisions of the FOMC, 7 Conclusion: A New Role for the Central Bank, Appendix 1: Own-Rates of Interest, Real Rates of Interest, and Money Rates of Interest, Appendix 2: The Aggregate Liquidity Preference Ratio with K Assets, Appendix 3: Immunization Procedure with Consols, Appendix 4: Econometric Analysis of Inflation and Interest Rates, Appendix 5: Financial Disturbances and Financial Crises in the U.S

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Author Information

Eric Tymoigne is Assistant Professor of Economics at California State University Fresno.

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