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The October 1979 Change in the Monetary Regime: Its Impact on the "Forecastability" of Interest Rates

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NBER1986-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1874
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资源简介:
Subsequent to the October 1979 shift in monetary policy in the United States, interest rates in North America not only reached unprecedented levels,but also exhibited unprecedented volatility. This paper shows that the anticipated quarterly changes in long-term rates associated with the rational
提供机构:
美国国家经济研究局
创建时间:
1986-03-01
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