The Interest Rate Conditioning Assumption by Charles Goodhart

The Interest Rate Conditioning Assumption

Charles Goodhart

28 pages missing pub info (editions)

nonfiction politics challenging informative reflective medium-paced
Powered by AI (Beta)
Loading...

Description

A central bank's forecast must contain some assumption about the future path for its own policy-determined short-term interest rate. I discuss the advantages and disadvantages of the three main alternatives: i. Constant from the latest level ii. A...

Read more

Community Reviews

Loading...

Content Warnings

Loading...