Especially in the case of 8  Marco Del Negro, Marc Giannoni, and Christina Patterson, "The Forward Guidance Puzzle," Federal Reserve Bank of New York Staff Reports, no. 574 (2015); and Alisdair McKay, Emi Nakamura, and Jón Steinsson, "The Power of Forward Guidance Revisited," The American Economic Review, vol. 106, no. 10 (2016): 3133-3158.
9 Bank of Japan, "Comprehensive Assessment: Developments in Economic Activity and Prices as well as Policy Effects since the Introduction of Quantitative and Qualitative Monetary Easing (QQE)" (2016); and Kousuke Nishino, Hiroki Yamamoto, Jun Kitahara, and Takashi Nagahata, "Supplementary Paper Series for the 'Comprehensive Assessment' (1): Developments in Inflation Expectations over the Three Years since the Introduction of Quantitative and Qualitative Monetary Easing (QQE)," Bank of Japan Review Series, no.