Construct · 1 fields · 1 citations

Delphic and Odyssean forward guidance: a standalone construct

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Delphic and Odysseanforward guidance1 CONSTRUCTDelphic and OdysseanCAMPBELL · MONETARY ECONOMICS

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Monetary economics

the distinction between forward guidance that merely forecasts future policy and guidance that publicly commits the central bank to a future path.

In monetary economics, Delphic and Odyssean forward guidance refers to the distinction between forward guidance that merely forecasts future policy and guidance that publicly commits the central bank to a future path. This meaning comes from Campbell (2012) in Brookings Papers on Economic Activity.[1]

Unit
Recovery means
Measured by

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Nearby constructs

forward guidance1 fields · 1 citationsanchor · a standalone constructbank1 fields · 1 citationsanchor · a standalone constructforward2 fields · 2 citationsjingle · one word, two constructs

References

  1. Campbell, J. R., Evans, C. L., Fisher, J. D. M., & Justiniano, A. (2012). Macroeconomic Effects of Federal Reserve Forward Guidance. Brookings Papers on Economic Activity, 2012(1), 1-80. https://doi.org/10.1353/eca.2012.0004

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