The monkey in the mirror and other tales of central bank forward guidance
The literature advises central banks to provide forward guidance so as to make themselves predictable to markets. If possible, forward guidance should be Odyssean, in which the central bank commits itself to a clear course of action in the future. Central banks, however, often find themselves defyin...
| Vydáno v: | Philippine Review of Economics Vol. LVI, no. 1 & 2 (Jun. 2019 - Dec. 2019), 16-27 |
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| Médium: | Článek |
| Jazyk: | English |
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2019
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