Comment on “Can more public information raise uncertainty? The international evidence on forward guidance” by Michael Ehrmann, Gaetano Gaballo, Peter Hoffmann and Georg Strasser
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DOI: 10.1016/j.jmoneco.2019.09.016
Abstract: Abstract Ehrmann et al. contains very useful international evidence on the efficacy of forward guidance at anchoring expectations of future policy rates at the ELB. The authors give one finding particular attention, that short-term time-consistent forward guidance… read more here.
Keywords: comment public; information; forward guidance; international evidence ... See more keywords