PER Distinguished Lecture Series: Jordi Gali

October 3, 2017 - 6:00pm - 7:30pm
1512 International Affairs Building
420 West 118th Street
New York, NY 10027
United States

PER Distinguished Lecture Series: Jordi Gali, "Monetary Policy and Asset Price Bubbles"
Tuesday, October 3, 2017
1512 International Affairs Building

The role that monetary policy should play in containing asset price bubbles remains a controversial issue. What are the effects of monetary policy on asset price bubbles? How should monetary policy be conducted in the presence of asset price bubbles? How can asset price bubbles be incorporated in macroeconomic models? The lecture will provide an overview of recent empirical and theoretical research aimed at answering those questions.