Whatever it Takes? The Impact of Conditional Policy Promises
收藏NBER2023-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31259
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资源简介:
At the announcement of a new policy, agents form a view of state-contingent policy actions and impact. We develop a method to estimate this state-contingent perception and implement it for many asset-purchase interventions worldwide. Expectations of larger support in bad statespolicy putsexplain a
提供机构:
美国国家经济研究局
创建时间:
2023-05-01



