Central Banking, Asset Prices and Financial Fragility

Discover the insightful work of Éric Tymoigne in Central Banking, Asset Prices and Financial Fragility, published by Taylor & Francis Ltd in 2008. This compelling book, spanning 336 pages, presents a thought-provoking argument that financial stability should be the primary objective of central banks. Tymoigne critiques the traditional inflation targeting framework and proposes an innovative alternative, demonstrating how effective interest-rate policies can address the challenges faced by central bankers. If you're interested in the intricate relationship between monetary policy and financial markets, this book is a must-read. Enhance your understanding of banking, asset pricing, and the dynamics of financial fragility with Tymoigne's expert insights.