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...
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| 格式: | 杂志 |
| 语言: | English |
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Washington, D.C. :
International Monetary Fund,
2022.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2022/036 |
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| 在线阅读: | Full text available on IMF |