Explaining and Forecasting the US Federal Funds Rate: A Monetary Policy Model for the US - Softcover

Clements, M.

 
9781349516629: Explaining and Forecasting the US Federal Funds Rate: A Monetary Policy Model for the US

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Synopsis

Introduction Monetary Policy Models The History of Fed Policy Procedures, Targets and Instruments Since 1970 The Monetary Policy Model (MPM) Making Interest Rate Forecasts Using the MPM Comparing MPM Results with the Eurodollar Futures Market Comparing the Two-Year Average Forecasting Errors of the MPM and Eurodollar Futures

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