Managing expectations: instruments versus targets

DOI10.1093/QJE/QJAA045MaRDI QIDQ5034434zbMATH OpenOpenAlexFDO

Authors George-Marios Angeletos, Karthik A. Sastry

Publication date 18 February 2022

Published in The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1093/qje/qjaa045

Mathematics Subject Classification ID

General equilibrium theory (91B50) Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• Managing unanchored, heterogeneous expectations and liquidity traps
• Inflation targeting with imperfect information
• Term structure and forward guidance as instruments of monetary policy
• A NOTE ON THE ANCHORING EFFECT OF EXPLICIT INFLATION TARGETS
• Monetary policy under misspecified expectations

Cited in

(4)

• Expectations Dynamics: Policy, Announcements and Limits to Dynamic Inconsistency
• HANK beyond FIRE: amplification, forward guidance, and belief shocks
• Expectations and learning from prices
• Can deficits finance themselves?

This page was built for publication: Managing expectations: instruments versus targets

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5034434)