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...

詳細記述

書誌詳細
第一著者: Bulir, Ales
その他の著者: Vlcek, Jan
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2020.
シリーズ:IMF Working Papers; Working Paper ; No. 2020/004
オンライン・アクセス:Full text available on IMF