Forward guidance and its effectiveness : a macro-finance shadow-rate framework
Year of publication: |
[2025] ; This Draft: March 2025
|
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Authors: | Koeda, Junko ; Wei, Bin |
Publisher: |
Tokyo, Japan : Waseda INstitute of Political EConomy, Waseda University |
Subject: | forward guidance | effective lower bound (ELB) | liftoff | term structure | shadow rate | macro finance | unspanned macro factors | Zinsstruktur | Yield curve | Geldpolitik | Monetary policy | Niedrigzinspolitik | Low-interest-rate policy | Wirkungsanalyse | Impact assessment | Neoklassische Synthese | Neoclassical synthesis | Ankündigungseffekt | Announcement effect | Inflationserwartung | Inflation expectations | Forward Guidance | Forward guidance | Zins | Interest rate |
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