“Monetary Policy for a Bubbly World”

Summary:
In an VoxEU column, Vladimir Asriyan, Luca Fornaro, Alberto Martin, and Jaume Ventura lay out their perspective on bubbly money as a complementary store of value and the role of monetary policy in supporting optimal levels of investment.

Topics:
Dirk Niepelt considers the following as important: bubble, Central Bank, Financial friction, Investment, Money, Notes

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