TY  - BOOK
AU  - Brzoza-Brzezina,Michal
AU  - Kotłowski,Jacek
AU  - Miśkowiec,Agata
TI  - How forward-looking are central banks?: Some evidence from their forecasts
SN  - 13504851
AV  - HB1.A666 APP 
PY  - 2013///
CY  - New York
PB  - Taylor and Francis
KW  - Targeting rules
KW  - Forward looking monetary policy
KW  - Central bank forecasts
N2  - We estimate forward-looking Taylor rules on data from macroeconomic forecasts of three central banks in order to determine the extent to which these banks are forward-looking. We find that all three banks are to some extent forward-looking, albeit to a varying degree. In general, the horizons for inflation seem to be longer than for output. We also find that central banks prefer to concentrate on one particular horizon rather than take into account the whole forecast
UR  - https://doi.org/10.1080/13504851.2012.684780
ER  -