Forward Guidance in the Yield Curve: Short Rates versus Bond Supply
收藏NBER2015-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21750
下载链接
链接失效反馈官方服务：
资源简介：
We present a model of the yield curve in which the central bank can provide market participants with forward guidance on both future short rates and on future Quantitative Easing (QE) operations, which affect bond supply. Forward guidance on short rates works through the expectations hypothesis,
提供机构：
美国国家经济研究局
创建时间：
2015-12-01
