Market expectations respond to contractionary shocks, Chilean paper argues
Eurozone monetary expectations affected by contractionary but not expansionary shocks
A working paper published by the Central Bank of Chile argues that contractionary and expansionary shocks within the major eurozone economies have very different impacts on expectations.
In Country shocks, monetary policy expectations and ECB decisions. A dynamic non-linear approach, Maximo Camacho, Danilo Leiva-Leon and Gabriel Perez-Quiros construct indexes of real economic activity and inflationary dynamics for the economies of Germany, France, Italy and Spain. They then assess the impact of
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