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Kniha Interest Rate Conditioning Assumption Professor Charles (London School of Economics and Political Science London School of Economics London School of Economics London School of Economics a

Interest Rate Conditioning Assumption

Autor: Professor Charles (London School of Economics and Political Science London School of Economics London School of Economics London School of Economics a
Jazyk: Angličtina
Vazba: Brožovaná
Vydavatel: Bibliogov
Dostupnost: Skladem u dodavatele
Odesíláme za 14-21 dnů
364 Kč
A central bank's forecast must contain some assumption about the future path for its own policy-dete...

Informace o knize

Autor
Professor Charles (London School of Economics and Political Science London School of Economics London School of Economics London School of Economics a
Jazyk
Angličtina
Vazba
Kniha - Brožovaná
Vydáno
2012
Stránek
28
EAN
9781249557616
ISBN
9781249557616
Enbook ID
08139876
Vydavatel
Bibliogov
Hmotnost
68
Rozměry
189 x 246 x 2

Kompletní popis

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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