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Financial frictions - PowerPoint PPT Presentation


Monetary Policy and a Stock Market Boom-Bust Cycle

Monetary Policy and a Stock Market Boom-Bust Cycle

Monetary Policy and a Stock Market Boom-Bust Cycle. Lawrence Christiano, Roberto Motto and Massimo Rostagno. Inflation has been relatively stable for a while Attention has shifted to other issues: stock market volatility. Stock market has been volatile:

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705 views • 45 slides



Investment and Institutions

Investment and Institutions

Investment and Institutions. Stijn Claessens, Kenichi Ueda, and Yishay Yafeh International Monetary Fund and University of Amsterdam, International Monetary Fund, and Hebrew University 16 th Dubrovnik Economic Conference, June 24, 2010

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406 views • 38 slides


Ichiro Fukunaga Research and Statistics Department Bank of Japan 28 October 2009 in Jerusalem

Ichiro Fukunaga Research and Statistics Department Bank of Japan 28 October 2009 in Jerusalem

A Discussion on “Introducing Financial Frictions and Unemployment into a Small Open Economy Model” (Christiano, Trabandt, and Walentin). Ichiro Fukunaga Research and Statistics Department Bank of Japan 28 October 2009 in Jerusalem. Outline. Summary Comments

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211 views • 13 slides


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