Economics

Monetary Policy with Opinionated Markets

R. J. Caballero and A. Simsek

Discover how the Fed's disagreement with the market about future aggregate demand could influence monetary policy and create unexpected shocks. This intriguing research by Ricardo J. Caballero and Alp Simsek delves into the implications of market misinterpretations and the gradualism of policy adjustments.... show more

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