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...

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Xehetasun bibliografikoak
Egile nagusia: Bulir, Ales
Beste egile batzuk: Vlcek, Jan
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2020.
Saila:IMF Working Papers; Working Paper ; No. 2020/004
Sarrera elektronikoa:Full text available on IMF