Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059739 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠News shocks can have an enormous impact on output and inflation. ⺠Monetary policy can be designed to mitigate these effects. ⺠The effects can be made the same however far ahead the news is expected. ⺠If the shock doesn't happen, then nothing happens to output and inflation.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Andrew P. Blake,