Responses of Monetary Policy to House Price Bubble in Iran
In this paper we analyze the three responses of monetary policy to bubble in housing prices. First rule corresponds to a monetary authority that does not respond to house price inflation. The second rule corresponds to a monetary authority that respond to overall house price inflation, and in third...
Main Authors: | , |
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Format: | Article |
Language: | fas |
Published: |
Allameh Tabataba'i University Press
2010-03-01
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Series: | فصلنامه پژوهشهای اقتصادی ایران |
Subjects: | |
Online Access: | https://ijer.atu.ac.ir/article_3960_d5bdc397ba55639509814461267979ef.pdf |