Comments on “The forward fiscal guidance puzzle and a resolution” by M. Canzoneri, D. Cao, R. Cumby, B. Diba, and W. Luo
نویسندگان
چکیده
منابع مشابه
The Forward Guidance Puzzle
With short-term interest rates at the zero lower bound, forward guidance has become a key tool for central bankers, and yet we know little about its effectiveness. This paper first empirically documents the impact of forward guidance announcements on a broad cross section of financial markets data and professional forecasts. We find that FOMC announcements containing forward guidance had hetero...
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Canzoneri, Cumby, and Diba have written a very good paper on the relationship between fiscal and monetary policy. It is informative, clear, and persuasive. As the title indicates, the analysis deals exclusively with the cases of the United States and the European Union (EU). In a way, however, these are the countries where the discussion on the connection between fiscal and monetary policy is l...
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1.0 overview it seems that grammar plays a crucial role in the area of second and foreign language learning and widely has been acknowledged in grammar research. in other words, teaching grammar is an issue which has attracted much attention to itself, and a lot of teachers argue about the existence of grammar in language teaching and learning. this issue will remind us a famous sentence f...
the effect of consciousness-raising activities on learning grammatical structures by iranian guidance school efl learners
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ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 2018
ISSN: 0165-1889
DOI: 10.1016/j.jedc.2018.01.010