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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10001 |
DP10001 The Effectiveness of Non-Standard Monetary Policy Measures: Evidence from Survey Data | |
Domenico Giannone; Carlo Altavilla | |
发表日期 | 2014-06-01 |
出版年 | 2014 |
语种 | 英语 |
摘要 | We assess the perception of professional forecasters regarding the effectiveness of unconventional monetary policy measures undertaken by the U.S. Federal Reserve after the collapse of Lehman Brothers. Using individual survey data, we analyse the changes in forecasting of bond yields around the announcement and implementation dates of non-standard monetary policies. The results indicate that bond yields are expected to drop significantly for at least one year after the announcement and the implementation of accommodative policies. |
主题 | International Macroeconomics |
关键词 | Forward guidance Large scale asset purchases Operation twist Quantitative easing Survey of professional forecasters Tapering |
URL | https://cepr.org/publications/dp10001 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538830 |
推荐引用方式 GB/T 7714 | Domenico Giannone,Carlo Altavilla. DP10001 The Effectiveness of Non-Standard Monetary Policy Measures: Evidence from Survey Data. 2014. |
条目包含的文件 | 条目无相关文件。 |
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