Pricing in Carney

Here is a paper I did with my colleague Anders Vestergård Fischer on the Bank of England and what to expect from the new BoE governor Mark Carney – obviously with a special focus on NGDP level targeting.

Our conclusion is that the markets are not in any way priced for NGDP targeting in the UK yet.

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  1. Benjamin Cole

     /  February 7, 2013

    Maybe time to invest? ETFs good for Brittanica?

  1. UK: Before, After & Now | Historinhas
  2. “The Stock Exchange as Barometer” « The Market Monetarist

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