Asset Bubbles Policy Options for the Federal Reserve.

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Bibliographic Details
Corporate author / creator:Library of Congress. Congressional Research Service.
Imprint:[S.l] : [s.n.], 2006.
Description:22 p. : digital, PDF file.
Language:English
Subject:
Format: E-Resource U.S. Federal Government Document Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/10688350
Hidden Bibliographic Details
Other uniform titles:ProQuest U.S. Congressional Research Digital Collection.
Notes:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Summary:Describes theory of asset bubbles, where the asset price of stocks, bonds, and property is greater than the fundamental value. Examines effect of bubbles on select aspects of the economy, including investment, consumption, Gross Domestic Product, and inflation; explores possible ways the Federal Reserve (Fed) could respond to future bubbles; and summarizes how Fed has responded to potential bubbles to date.
Other form:Microfiche version: Library of Congress. Congressional Research Service. Asset Bubbles