Monetary Policy Uncertainty and Economic Fluctuations
收藏NBER2014-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20594
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资源简介：
We investigate the relationship between uncertainty about monetary policy and its transmission mechanism, and economic fluctuations. We propose a new term structure model where the second moments of macroeconomic variables and yields can have a first-order effect on their dynamics. The data favors a
提供机构：
美国国家经济研究局
创建时间：
2014-10-01
