Trust What You Hear : Policy Communication, Expectations, and Fiscal Credibility /

How do policy communications on future f iscal targets af fect market expectations and beliefs about the future conduct of f iscal policy? In this paper, we develop indicators of f iscal credibility that quantify the degree to which policy announcements anchor expectations, based on the deviation of...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: End, Nicolas
Weitere Verfasser: Hong, Gee Hee
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2022.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2022/036
Schlagworte:
Online Zugang:Full text available on IMF