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dc.contributor.authorMirkov, Nikola
dc.contributor.authorNatvik, Gisle J.
dc.date.accessioned2017-03-16T09:23:23Z
dc.date.available2017-03-16T09:23:23Z
dc.date.issued2016
dc.identifier.citationJournal of Money, Credit and Banking, 48(2016)5, 901-920nb_NO
dc.identifier.issn0022-2879
dc.identifier.issn1538-4616
dc.identifier.urihttp://hdl.handle.net/11250/2434293
dc.descriptionThe accepted and peer reviewed manuscriptnb_NO
dc.description.abstractIf central banks value the ex post accuracy of their published forecasts, previously announced interest rate paths might influence the current policy rate. We explore if “forecast adherence” has affected monetary policy in New Zealand and Norway, where central banks have published their interest rate forecasts the longest. We derive and estimate policy rules with separate weights on past interest rate forecasts and find that they have explanatory power for current policy decisions, over and above their correlation with other conventional interest rate rule arguments.nb_NO
dc.language.isoengnb_NO
dc.publisherWileynb_NO
dc.titleAnnouncements of interest rate forecasts: Do policymakers stick to them?nb_NO
dc.typeJournal articlenb_NO
dc.typePeer reviewednb_NO
dc.source.journalJournal of Money, Credit and Bankingnb_NO
dc.identifier.doihttp://dx.doi.org/10.1111/jmcb.12321
dc.description.localcode2. Forfatterversjonnb_NO


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