A Monetary Policy Asset Pricing Model
收藏数据链接：
官方服务：
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
