Economic and Financial Review


Central Bank of Nigeria.


The boom-burst cycle, Asset price, Regulators and operators, Derivatives, Enterprise-Wide Risk Management (ERM) Framework, Monetary policy


The consideration of asset price movements and monetary policy has attracted a lot of attention in the last few decades, as asset prices moved upwards significantly and there arose the general perception that there are bubbles in those prices. The argument revolves around the role that monetary policy can play in this whether it can be used to prick the bubble before it is due for natural burst, or it can be designed and implemented in such manner as to prevent bubbles to grow in the first place.

Author Bio

Doctor Biodun Adedipe is the Chief Consultant. B.Adedipe Associates Limited.

Publication Title

CBN Economic and Financial Review





Recommended Citation

Adedipe, B. (2008). Asset price movement and derivatives: implications for risk-based supervision and effective monetary policy. CBN Economic and Financial Review, 46(4), 195-212.

Included in

Economics Commons



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