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...

وصف كامل

التفاصيل البيبلوغرافية
الحاوية / القاعدة:Philippine Review of Economics Vol. LVI, no. 1 & 2 (Jun. 2019 - Dec. 2019), 16-27
المؤلف الرئيسي: Remolona, Eli M.
التنسيق: مقال
اللغة:English
منشور في: 2019
الموضوعات: