Why aren't most central banks more proactive in trying to use monetary policy to eliminate asset-price bubbles?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 04:03 AM

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Why aren't most central banks more proactive in trying to use monetary policy to eliminate asset-price bubbles?

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There are several reasons why monetary policy may not be effective in eliminating ...View the full answer

The Economics of Money Banking and Financial Markets

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