FCI-plot: Central Bank Communication Through Financial Conditions
收藏NBER2025-10-01 更新2025-10-11 收录
下载链接:
https://www.nber.org/papers/w34325
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资源简介:
We develop a model of central bank communication where market participants' uncertainty about desired financial conditions creates misunderstandings ("tantrums") and amplifies the impact of financial noise on asset prices and economic activity. We show that directly communicating the expected
提供机构:
美国国家经济研究局
创建时间:
2025-10-01



