Has forward guidance been effective?

Thealexa Becker and Andrew Smith

Macro Bulletin, 2015, 1-3

Abstract: A. Lee Smith and Thealexa Becker compare forward guidance announcements with changes in the effective federal funds rate and find the two policy measures have had similar macroeconomic effects.

Keywords: QE (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (7)

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