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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| Altri autori: | , |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2018.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2018/114 |
| Accesso online: | Full text available on IMF |