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Using the pure expectations theory of the term structure and the associated equation for the 10 yr GS, explain what forward guidance means and how
Using the pure expectations theory of the term structure and the associated equation for the 10 yr GS, explain what forward guidance means and how the use of it is supposed to influence the economy
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
