Considering the impact of the U.S. house price bubble that led to the financial crisis of 2007-2009,

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Considering the impact of the U.S. house price bubble that led to the financial crisis of 2007-2009, how do you think monetary policymakers should respond to bubbles in asset markets?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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