How central bankers misjudge forward guidance
People buy now if prices are set to rise, but only if the message gets through.
Why central banks need to change their message
The US and European central banks thought they could manage their economies by bringing their secretive plans for interest-rate regulation into the light. But they didn’t account for an unreceptive public.
CBR Briefing #66
How announcing a sales-tax hike could boost consumer spending
How sales taxes could boost economic growth
Research suggests higher taxes could help end stagnation in developed economies.