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Browsing by Author "Detmers, Gunda-Alexandra"
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2016-10-19DiskussionspapierForward Guidance under Disagreement Evidence from the Fed's Dot ProjectionsDetmers, Gunda-AlexandraThis paper compares the effectiveness of date- and state-based forward guidance issued by the Federal Reserve since mid-2011 accounting for the influence of disagreement within the FOMC. Effectiveness is investigated through ...
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2014-05-13BuchStale ForwardGuidance Detmers, Gunda-Alexandra; Nautz, DieterAn increasing number of central banks manage market expectations via interest rate projections. Typically, those projections are updated only quarterly and thus, may become stale when new information enters the market. We ...
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2011-06-07BuchThe information content of central bank interest rate projections Evidence from New ZealandDetmers, Gunda-Alexandra; Nautz, DieterThe Reserve Bank of New Zealand (RBNZ) has been the first central bank that began to publish interest rate projections in order to improve its guidance of monetary policy. This paper provides new evidence on the role of ...