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dc.contributor.authorBjørnland, Hilde C
dc.contributor.authorThorsrud, Leif Anders
dc.contributor.authorZahiri, Sepideh Khayati
dc.date.accessioned2020-02-26T10:44:04Z
dc.date.available2020-02-26T10:44:04Z
dc.date.created2019-11-29T14:47:38Z
dc.date.issued2019
dc.identifier.citationOxf Bull Econ Stat. 2020en_US
dc.identifier.issn0305-9049
dc.identifier.urihttps://hdl.handle.net/11250/2643875
dc.description.abstractOur analysis suggests; they do not! We arrive at this conclusion by showing that revisions to the published interest rate path projections from the central banks in New Zealand, Norway and Sweden can be predicted by timely and forward‐looking international indicators. Furthermore, using individual country and Panel VARs, identified with an external instrument method, we show that the policy surprises induced by the predictable revisions likely contain information about how the central banks assess past, current and future economic conditions and thereby leads to a positive co‐movement between the interest rate and both financial markets and the macroeconomy.en_US
dc.language.isoengen_US
dc.publisherWileyen_US
dc.titleDo Central Banks Respond Timely to Developments in the Global Economy?en_US
dc.typeJournal articleen_US
dc.typePeer revieweden_US
dc.description.versionacceptedVersionen_US
dc.rights.holderCopyright policy of Wiley, the publisher of this journal: Authors are permitted to self-archive the peer-reviewed (but not final) version of a contribution on the contributor's personal website, in the contributor's institutional repository or archive, subject to an embargo period of 24 months for social science and humanities (SSH) journals and 12 months for scientific, technical, and medical (STM) journals following publication of the final contribution.en_US
dc.source.journalOxford Bulletin of Economics and Statisticsen_US
dc.identifier.doi10.1111/obes.12335
dc.identifier.cristin1754677
cristin.unitcode158,3,0,0
cristin.unitnameInstitutt for samfunnsøkonomi
cristin.ispublishedtrue
cristin.fulltextpostprint
cristin.qualitycode1


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