Monetary Policy Surprises and Inflation Expectation Dispersion /

Anchoring of inflation expectations is of paramount importance for central banks' ability to deliver stable inflation and minimize price dispersion. Relying on daily interest rates and inflation forecasts from major financial institutions in the United States, we calculate monetary policy surpr...

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Dettagli Bibliografici
Autore principale: Gruss, Bertrand
Altri autori: Grigoli, Francesco, Lizarazo, Sandra
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/252
Accesso online:Full text available on IMF