Interest Rate Conditioning Assumption

Name: Interest Rate Conditioning Assumption
Brand: Bibliogov
SKU: 9781249557616
Price: 6018 HUF
Availability: InStock

Szerző: Professor Charles (London School of Economics and Political Science London School of Economics London School of Economics London School of Economics a

Nyelv:

Kötés: Puha kötésű

Kiadó: Bibliogov

Elérhetőség: Beszállítói készleten

Küldés 9-15 napon belül

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A central bank's forecast must contain some assumption about the future path for its own policy-dete...

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Teljes leírás

A central bank's forecast must contain some assumption about the future path for its own policy-determined short-term interest rate. I discuss the advantages and disadvantages of the three main alternatives: i. Constant from the latest levelii. As implicitly predicted from the yield curve iii. Chosen by the monetary policy committee (MPC) Most countries initially chose alternative (i). With many central banks having planned to raise interest rates at a measured pace in the years 2004-06, there was a shift to (ii). However, Norway, and now Sweden, has followed New Zealand in adopting (iii), and the United Kingdom has also considered this move. So this is a lively issue.

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Interest Rate Conditioning Assumption

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