Sentences with phrase «asset price bubbles»

But you've also talked about the need to stabilize financial markets, even «leaning» against asset price bubbles.
Some observers have suggested that what we need is better models of asset price bubbles (Allen and Carletti 2013).
Launched while Japan was in a recession following the 1991 collapse of the Japanese asset price bubble, this generation Taurus was exported to Japan in limited numbers, and sold at Japanese auto dealerships called Autorama (a joint venture with Mazda), where the sedan and wagon versions with right - hand driving positions until 1997.
The last two business cycles had more to do with asset price bubbles, while perhaps these banks were keeping a watchful eye on inflation.
The prominent variant of the latter was the Borio - White criticism that central banks had an asymmetric response to asset prices where asset prices booms were not resisted but asset price busts were responded to vigorously by monetary policy, thereby sowing the seeds of the next asset price bubble and bust.
I am not arguing that these alternative instruments will be successful in countering asset price bubbles and credit imbalances, because I think bubbles are a permanent feature of the landscape resulting from entrenched human behaviour.
Prior to the GFC there was a school of thought that because asset price bubbles could not be detected in advance, it was better to clean up after any bust, rather than lean against the cycle with policy.
The Economist had been warning about asset price bubbles and dire consequences for over a year prior to the meltdown.
However, Boston Federal Reserve President Eric Rosengren has recently expressed concern about leaving the interest rate at its current low level for too long, potentially creating asset price bubbles.
The longer the Fed leaves its target rate at zero, the greater the chance of asset price bubbles — and eventual crashes.
Japan suffered an asset price bubble at the end of the 1980s and experienced a period that is referred to as «the lost two decades».
Japan's infamous «Lost Decade» was supposed to refer to the stagnant economic period from 1991 until 2000, after the collapse of the asset price bubble in Japanese housing and stocks.
The Federal Reserve Fire and Rescue Unit Some have accused the U.S. Federal Reserve of putting out too many fires, adding fuel to asset pricing bubbles.
Saving parts of the economy from the popping of each asset price bubble can leave, and make, the entire economy more prone to larger and potentially more - damaging price bubbles - such as the housing price bubble.
«In this paper, we show that exogenously increasing testosterone in men increases bid prices and asset price bubbles, and slows the incorporation of fundamental value,» says Ivey Business School's Amos Nadler, Assistant Professor of Finance.
Rapid money supply growth with no consumer price inflation can only really occur within the confines of an asset price bubble, or else, where does the money go?
History is replete with such self - reinforcing trends divorced from valuations: the tulip craze in 1630s Holland, the South Sea Bubble of 1720, railway manias of the mid-1800s, the roaring bull market of the 1920s, Nifty Fifty stocks in the 1960s, Japan's asset price bubble of the 1980s, and the late 1990s tech bubble, to name just a few.
Alan Greenspan and the Federal Reserve kept interest rates too low for too long, stoking an asset price bubble and creating a leverage binge of epic proportions.
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