Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/319972 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
CASMEF Working Paper Series No. WP 2014/06
Verlag: 
LUISS Guido Carli, Department of Economics and Business, Arcelli Centre for Monetary and Financial Studies, Rome
Zusammenfassung: 
We assess the perception of professional forecasters regarding the effectiveness of unconventional monetary policy measures undertaken by the U.S. Federal Reserve after the collapse of Lehman Brothers. Using individual survey data, we analyse the changes in forecasting of bond yields around the announcement and implementation dates of non-standard monetary policies. The results indicate that bond yields are expected to drop significantly for at least one year after the announcement and the implementation of accommodative policies.
Schlagwörter: 
Survey of Professional Forecasters
Large Scale Asset Purchases
Quantitative Easing
Operation Twist
Forward Guidance
Tapering
JEL: 
E58
E65
Dokumentart: 
Working Paper

Datei(en):
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