impact of uncertainty and failed expectations induced by money leads to specific patterns of economic disruption. These …

news, this paper focuses on climate-change expectations. First, we measure the expected economic impact of climate change … climate-change expectations operate like adverse demand shocks. …

context of a model in which these agents form their expectations on the basis of simple forecasting rules. The approach used …

using existing macroeconomic models by modifying expectations about policy announcements. The main advantage of our method …

This paper studies the role of expectations and monetary policy on the economy's response to climate actions. We show … mitigation tool, with a carbon tax entailing more emissions uncertainty than in a rational expectations model and a cap … inflation under control, and by the adoption of monetary rules tied to expectations rather than current macroeconomic conditions …

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 …