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Browsing ECO Working Papers by Subject "Anchors for Expectations"
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Title:A Measure for Credibility: Tracking US Monetary Developments
Author(s):DEMERTZIS, Maria; MARCELLINO, Massimiliano; VIEGI, NicolaDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Our objective is to identify a way of checking empirically the extent to which expectations are de-coupled from inflation, how well they might be anchored in the long run, and at what level. This methodology allows us then ...