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Mental health prevention: moving forward with the evidence. [PDF]

Discov Ment Health
Colizzi M.
europepmc   +1 more source

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Credible Forward Guidance

Journal of Economic Dynamics and Control, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Batista, Quentin, Nakata, Taisuke, Sunakawa, Takeki   +2 more
openaire   +2 more sources

Stale forward guidance [PDF]

Economics Letters, 2014
Quarterly central bank projections regarding future interest rate decisions may become stale when new information enters the market. Using data from New Zealand, we find the predicted time-varying and state-dependent effects of interest rate projections on market expectations and uncertainty.
Gunda-Alexandra Detmers, Dieter Nautz
openaire   +2 more sources

The Forward Guidance Puzzle [PDF]

Journal of Political Economy Macroeconomics, 2012
With short-term interest rates at the zero lower bound, forward guidance has become a key tool for central bankers, and yet we know little about its effectiveness. Standard medium-scale DSGE models tend to grossly overestimate the impact of forward guidance on the macroeconomy — a phenomenon we call the “forward guidance puzzle.” We explain why this is
Del Negro, Marco, Giannoni, Marc, Patterson, Christina   +2 more
openaire   +2 more sources