Coverart for item
The Resource Monetary Policy Actions, Macroeconomic Data Releases, and Inflation Expectations

Monetary Policy Actions, Macroeconomic Data Releases, and Inflation Expectations

Label
Monetary Policy Actions, Macroeconomic Data Releases, and Inflation Expectations
Title
Monetary Policy Actions, Macroeconomic Data Releases, and Inflation Expectations
Creator
Contributor
Author
Contributor
Subject
Summary
This article analyzes how announced surprises in monetary policy actions and macroeconomic data releases affect the average rate of inflation that economic agents expect to prevail over the 10-year period following the surprise. The analysis also addresses the effect of Federal Reserve communication and surprises in monetary policy actions on perceived inflation risk over this 10-year period. The study shows that surprises in macroeconomic data releases and monetary policy actions indeed affect the expected rate of inflation. Further, there is evidence that surprises in monetary policy actions increase perceived inflation risk, whereas Federal Reserve communication reduces it
http://library.link/vocab/creatorName
  • Kliesen, Kevin L
  • Inter-university Consortium for Political and Social Research [distributor]
http://library.link/vocab/relatedWorkOrContributorName
Schmid, Frank A.
Label
Monetary Policy Actions, Macroeconomic Data Releases, and Inflation Expectations
Instantiates
Publication
Note
1301
Control code
ICPSR01301.v1
Governing access note
Access restricted to subscribing institutions
Label
Monetary Policy Actions, Macroeconomic Data Releases, and Inflation Expectations
Publication
Note
1301
Control code
ICPSR01301.v1
Governing access note
Access restricted to subscribing institutions

Library Locations

    • Ladd LibraryBorrow it
      48 Campus Ave, Lewiston, ME, 04240, US
      44.105245 -70.203443
Processing Feedback ...