Estimating the Monetary Policy Rule Perceived by Forecasters
研究专业预测者感知的美联储货币政策规则在联邦基金利率触及有效下限后是否发生变化,基于专业预测者调查数据。
Brent Bundick examines whether the FOMC?s implicit monetary policy rule, as perceived by professional forecasters, changed when the federal funds rate reached its effective lower bound. The article is summarized in The Macro Bulletin.