Our new working paper introduces “inferred Fed surprises”, a framework that tracks how investors continuously revise Fed policy expectations and transforms those revisions into trading signals for around FOMC meetings and macro releases.
https://t.co/erhPPh0k1G
#EconTwitter
Deniz Atalar (@atalardeniz) is on the job market! #econjobmarket
In her JMP, she asks: How costly are trade barriers for welfare when domestic suppliers respond through catch-up innovation? 1/9
A great piece by Randall Smith on the WSJ, featuring private market performance insights powered by our team’s proprietary data capabilities at State Street.
@Snow1nApril@OnlyInBOS To put it simply, by definition, anyone who continues to own a home is a homeowner and is able afford. Anyone who is not able to afford anymore defaults on mortgage debt and is not a homeowner anymore.
My first publication is in press in Economics Letters!
I show that September 2011 is a structural break during the ZLB period, after which the impact of LSAPs on asset prices subsided and forward guidance grew drastically.
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https://t.co/3luaOsC3CP
I am looking forward to present my JMP, "How to Model Forward Guidance and Address a Larger Puzzle", at the #EEAVirtual Conference on August 26, 11am CEST. https://t.co/t0kTzF12be @EEANews#EEA2020
This short paper highlights a structural break in the first ZLB period in the US. While the impact of LSAP surprises on asset prices subsided drastically after September 2011, the effects of forward guidance surprises grew substantially. https://t.co/61yDFXYdPl #econtwitter
In my new paper, I show that the Federal Reserve’s LSAP policies could be interpreted as Delphic or Odyssean against which macroeconomic expectations in the US and abroad respond differently. https://t.co/uwag2DAv5L #econtwitter
Check out my new paper on how the literature underestimates the size of the forward guidance puzzle and the frameworks that address the larger puzzle. https://t.co/K86JPIZcho #econtwitter