International Spillovers of Forward Guidance Shocks /

After 2007, countries that cut their policy interest rates close to zero turned, among other policies, to forward guidance. We estimate a two-country model of the U.S. and Canada to quantify how unexpected changes in U.S. forward guidance affected Canada. Expansionary U.S. forward guidance shocks, l...

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Detaylı Bibliyografya
Yazar: Jones, Callum
Diğer Yazarlar: Kulish, Mariano, Rees, Daniel
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2018.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2018/114
Online Erişim:Full text available on IMF