Sökning: "David Kjellberg"
Hittade 3 avhandlingar innehållade orden David Kjellberg.
1. Measuring expectations
Sammanfattning : .... LÄS MER
2. Expectations, Uncertainty, and Monetary Policy
Sammanfattning : Essay 1 - To evaluate measures of expectations I examine and compare some of the most common methods for capturing expectations: the futures method which utilizes financial market prices, the VAR forecast method, and the survey method. I study average expectations on the Federal funds rate target, and the main findings can be summarized as follows: i) the survey measure and the futures measure are highly correlated; the correlation coefficient is 0. LÄS MER
3. Macroeconomic Uncertainty and Exchange Rate Policy
Sammanfattning : Essay 1 (with Annika Alexius) uses a structural VAR model to study the role of floating exchange rates for five "small open economies" with inflation targets. We show that only in Sweden and Canada does the nominal exchange rate behave in a stabilizing way. Most exchange rate movements are responses to non-fundamental shocks. LÄS MER