Tags » Bennett McCallum
In a very surprising move the Swedish Riksbank this morning cut its key policy rate by 50bp to 0.25%. It was about time! The Riksbank has for a very long time undershot its 2% inflation target and inflation expectations have consistently been below 2% for a long time as well. 1,248 more words
Choques reais e choques monetários...juntos - observações aleatória sobre bitcoin, Lucas, Marschak e, claro, política monetária
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One source of difﬁculty in formal empirical studies of monetary policy effects on real variables has been the common practice of focusing attention on real responses to policy innovations—i.e., unexpected components —in vector autoregression (VAR) studies.