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...

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Bibliographic Details
Main Authors: Ali Akbar Gholizadeh, Behnaz Kamyab
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2010-03-01
Series:فصلنامه پژوهش‌های اقتصادی ایران
Subjects:
Online Access:https://ijer.atu.ac.ir/article_3960_d5bdc397ba55639509814461267979ef.pdf