Showing 1 - 10 of 23
estimating potential effects of interest rate changes on expectations, disagreements and forecast errors. We find strong evidence …
Persistent link: https://www.econbiz.de/10011853950
estimating potential effects of interest rate changes on expectations, disagreements and forecast errors. We find strong evidence …
Persistent link: https://www.econbiz.de/10011892078
This paper introduces a new measure of fiscal policy uncertainty based on the disagreement among professional forecasters. We analyze different patterns of this measure for the German economy for a sample period from November 1995 to April 2018 and also use Italian data for comparison....
Persistent link: https://www.econbiz.de/10012386999
quarterly Brent crude oil price forecasts. We examine the expectations building mechanism by referring to the processing of …
Persistent link: https://www.econbiz.de/10012669291
This paper analyzes the role of uncertainty on both exchange rate expectations and forecast errors of professionals for … the adjustment of exchange rate expectations. Our findings are robust to different forecasting horizons and point to an …
Persistent link: https://www.econbiz.de/10011533201
stabilize economic growth and in ation expectations through the signaling channel. In doing so, we assess survey …-based expectations data for up to 44 economies from 2002 to 2017 and analyze the impact of the adoption of a negative interest rate … policy on expectations made by professionals based on a difference-in-differences approach. Our main findings are as follows …
Persistent link: https://www.econbiz.de/10012150764
This paper analyzes the role of uncertainty on both exchange rate expectations and forecast errors of professionals for … the adjustment of exchange rate expectations. Our findings are robust to different forecasting horizons and point to an …
Persistent link: https://www.econbiz.de/10011532311
developments into account while expectations for minor currencies react stronger to response policies. …
Persistent link: https://www.econbiz.de/10012818059
This paper provides a new perspective on the exchange rate disconnect puzzle by referring to the expectations building … mechanism in foreign exchange markets. We analyze the role of expectations regarding macroeconomic fundamentals for expected … expectations regarding GDP growth, inflation, interest rates, and current accounts. Our empirical findings show that fundamentals …
Persistent link: https://www.econbiz.de/10012990178
quarterly Brent crude oil price forecasts. We examine the expectations building mechanism by referring to the processing of …
Persistent link: https://www.econbiz.de/10012661948