A Monetary Policy Asset Pricing Model
收藏NBER2022-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30132
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资源简介：
We propose a model where the central banks (the Feds) interpretation of macroeconomic needs drives aggregate asset prices. The Fed affects macroeconomic activity with a lag by altering aggregate asset prices. Its objective is to align future aggregate demand and supply (in expectation). We reverse
提供机构：
美国国家经济研究局
创建时间：
2022-06-01
