Journal article

Risk management-driven policy rate gap

Giovanni Caggiano, Efrem Castelnuovo, Gabriela Nodari

Economics Letters | ELSEVIER SCIENCE SA | Published : 2018

University of Melbourne Researchers


Awarded by Australian Research Council

Funding Acknowledgements

We thank Jesus Fernandez-Villaverde for a discussion which triggered the writing of this paper, and participants to the workshops organized by DIW Berlin and the University of Padova and to the Australian Conference of Economists (Canberra) for their useful comments. The opinions expressed in this paper do not necessarily represent those of the Reserve Bank of Australia. Financial support from the Australian Research Council via the Discovery Project DP160102281 is gratefully acknowledged.