Policy Signaling in the Open Economy: A Re-Examination
收藏NBER1997-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5892
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资源简介:
The standard model of signaling used in open economy macroeconomics concentrates on building a reputation when a policymaker's `type' is unknown. Observing tough policy leads market participants to raise the probability that a policymaker is tough, and therefore to expect tough policy in the future.
提供机构:
美国国家经济研究局
创建时间:
1997-01-01



