Estimating the Market-Perceived Monetary Policy Rule
收藏NBER2010-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16412
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资源简介:
We introduce a novel method for estimating a monetary policy rule using macroeconomic news. We estimate directly the policy rule agents use to form their expectations by linking news' effects on forecasts of both economic conditions and monetary policy. Evidence between 1994 and 2007 indicates that
提供机构:
美国国家经济研究局
创建时间:
2010-09-01



