the source. Forward Guidance

Karagedikli for comments, Christopher Sims for comments on and discussion of a first version of this paper, and David Gillmore for research assistance. The views expressed and any errors are my own responsibility. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications