Monetary policy shocks from the consumer perspective
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DOI: 10.1016/j.jmoneco.2019.03.012
Abstract: Abstract Applying a latent factor model to survey expectations data on economic conditions, unemployment, family finances, and readiness to spend reveals that, following a monetary policy shock, consumer expectations adjust in the direction predicted by… read more here.
Keywords: policy shocks; monetary policy; shocks consumer; policy ... See more keywords