Publikationsserver
Forward Guidance Under the Cost Channel
A common finding in the literature is that forward guidance cannot be credible under discretionary policy as long as the zero lower bound is an one-off event. However, this is not the case when recurring episodes of zero interest rates are possible. In this paper, we contribute to this new result...
Gardado en:
| Publicado en: | MAGKS - Joint Discussion Paper Series in Economics (Band 04-2020) |
|---|---|
| Autor Principal: | |
| Formato: | Artigo |
| Idioma: | inglés |
| Publicado: |
Philipps-Universität Marburg
2020
|
| Schlagworte: | |
| Acceso en liña: | Texto completo PDF |
| Tags: |
Engadir etiqueta
Sen Etiquetas, Sexa o primeiro en etiquetar este rexistro!
|
No references were found for this record.