Managing Households' Expectations with Unconventional Policies
收藏NBER2020-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27399
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资源简介:
With a binding effective lower bound on interest rates and large government deficits, conventional policies are unviable and policymakers resort to unconventional policies, which target households' expectations directly. Using unique micro data and a difference-in-differences strategy, we assess the
提供机构:
美国国家经济研究局
创建时间:
2020-06-01



