House Prices and the Macroeconomy - Goodhart, Charles (, London School of Economics) a Hofmann, Boris (, Deutsche Bundesbank)

The macroeconomic implications of asset price flucuations have received increasing attention in academic and policy circles recently, in large part due to the recent boom-bust bubbles in the equity and now housing markets. This book aims to investigate the role of asset prices for various aspects of the macroeconomy.