06
14:15 - 15:45
IWH Research Seminar
JUN
2016
14:15 - 15:45
Monetary Policy and Asset Mispricing
This paper investigates, whether conventional interest rate policy of central banks is a suitable instrument to attenuate excessive mispricing in stocks as suggested by the proponents of a 'leaning against the wind' (LATW) monetary policy.
Who
(German Institute for Economic Research (DIW Berlin))