Fernando Duarte, Benjamin K. Johannsen, Leonardo Melosi, and Taisuke Nakata | We analyze the framework for monetary policy in view of the effective lower bound (ELB). We find that the…
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Saturday, August 29, 2020
FEDS 2020-067: Strengthening the FOMC’s Framework in View of the Effective Lower Bound and Some Considerations Related to Time-Inconsistent Strategies
Fernando Duarte, Benjamin K. Johannsen, Leonardo Melosi, and Taisuke Nakata | We analyze the framework for monetary policy in view of the effective lower bound (ELB). We find that the…
Read More
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