Informal Central Bank Communication
收藏NBER2020-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28276
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Starting from a set of facts on the timing of stock returns relative to Federal Reserve decision-making, I argue that informal communication including unattributed communication -- plays a central role in monetary policy communication. This contrasts with the standard communications framework in
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美国国家经济研究局创建时间：
2020-12-01
