Browsing ECO Working Papers by Subject "Great Moderation"

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Browsing ECO Working Papers by Subject "Great Moderation"

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    Title: A Measure for Credibility: Tracking US Monetary Developments  Author(s): DEMERTZIS, Maria; MARCELLINO, Massimiliano; VIEGI, Nicola Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 ...