The Effect of Central Bank Credibility on Forward Guidance in an Estimated New Keynesian Model
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DOI: 10.24149/gwp375r2
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- Cole, Stephen J. & Martínez-García, Enrique, 2023. "The effect of central bank credibility on forward guidance in an estimated New Keynesian model," Macroeconomic Dynamics, Cambridge University Press, vol. 27(2), pages 532-570, March.
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- Cole, Stephen J., 2020. "The influence of learning and price-level targeting on central bank forward guidance," Journal of Macroeconomics, Elsevier, vol. 65(C).
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More about this item
Keywords
Forward Guidance; Monetary Policy; Expectations; Central Bank Credibility;All these keywords.
JEL classification:
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2020-01-06 (Central Banking)
- NEP-MAC-2020-01-06 (Macroeconomics)
- NEP-MON-2020-01-06 (Monetary Economics)
- NEP-ORE-2020-01-06 (Operations Research)
Statistics
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