This chapter surveys the literature that exploits data on expectations, typically from surveys,
in the estimation of macroeconomic DSGE models. Expectational data can be used to test …

Parking pricing is considered a powerful tool for improving parking management and
relieving traffic congestion in metropolitan areas. This study uses field-collected panel data …

This paper identifies anticipated (news) and unanticipated (surprise) shocks to the US Fed
Funds rate using Fed Funds futures contracts, and assesses their propagation to emerging …

Forward rate guidance, which has been used with increasing regularity by monetary
policymakers, relies on the manipulation of expectations of future short-term interest rates …

This paper explores the transmission of “news shocks” in a model of the housing market and
shows that anticipated signals or beliefs of future macroeconomic developments can …

There is an anomaly of “the more regulation, the more rise” in China's housing market before
2017. However, the anomaly seems to have reversed since 2017. To analyze the …

С начала проведения специальной военной операции на Украине российская
экономика столкнулась с большим числом санкций со стороны недружественных …

We pursue an empirical strategy to identify a monetary news shock in the US economy. We
use a monetary policy residual, along with other variables in a vector autoregression (VAR) …

This paper analyzes forward guidance in a nonlinear model with a zero lower bound (ZLB)
on the nominal interest rate. Forward guidance is modeled with news shocks to the …

中国正处于货币政策改革的关键时期, 货币政策规则及其实施效果呈现出新的特点,
对新时期货币政策问题的研究可以为中国未来一段时间货币政策工具的选择和政策制定提供 …