Central Bank Communication and Expectations Stabilization
收藏NBER2007-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13259
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资源简介:
This paper analyzes the value of communication in the implementation of monetary policy. The central bank is uncertain about the current state of the economy. Households and firms are uncertain about the statistical properties of aggregate variables, including nominal interest rates, and must learn
提供机构:
美国国家经济研究局
创建时间:
2007-07-01



