Monetary Policy Is Not Always Systematic and Data-Driven : Evidence from the Yield Curve /
Does monetary policy react systematically to macroeconomic innovations? In a sample of 16 countries - operating under various monetary regimes - we find that monetary policy decisions, as expressed in yield curve movements, do react to macroeconomic innovations and these reactions reflect the moneta...
Prif Awdur: | |
---|---|
Awduron Eraill: | |
Fformat: | Cylchgrawn |
Iaith: | English |
Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2020.
|
Cyfres: | IMF Working Papers; Working Paper ;
No. 2020/004 |
Mynediad Ar-lein: | Full text available on IMF |