Macro Musings with David Beckworth cover image

Ben Moll on the Basics of HANK Models and How They Can Be Applied to Policymaking

Macro Musings with David Beckworth

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What Does Hank Mean for Forward Guidance?

The e c b just announced they're going to do a review of their policy, the way they do monetory policy. Thet fed's been doing one for the past year. One of the things they've talked about is adopting some kind of make up policy. And so my question is, what does hank mean for forward guidance?

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