Cover Image

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...

Full description

Saved in:
Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 04-2020)
Main Author: Finck, David
Format: Article
Language:English
Published: Philipps-Universität Marburg 2020
Subjects:
Discretion
Wirtschaft
Cost Channel
Sustainability
Forward Guidance
Economics
Online Access:PDF Full Text
Tags: Add Tag
No Tags, Be the first to tag this record!

Internet

PDF Full Text

Holdings details from
Call Number: urn:nbn:de:hebis:04-es2024-06318
Publication Date: 2024-01-19
Downloads: 41 (2024)
License: https://creativecommons.org/publicdomain/mark/1.0
Access URL: https://archiv.ub.uni-marburg.de/es/2024/0631
https://doi.org/10.17192/es2024.0631

Similar Items