Items related to Finance and Economics Discussion Series: What Explains...
Finance and Economics Discussion Series: What Explains the Stock Market's Reaction to Federal Reserve Policy - Softcover
Synopsis
This paper analyzes the impact of changes in monetary policy on equity prices, with the objectives both of measuring the average reaction of the stock market and also of understanding the economic sources of that reaction. We find that, on average, a hypothetical unanticipated 25-basis-point cut in the federal funds rate target is associated with about a one percent increase in broad stock indexes. Adapting a methodology due to Campbell (1991) and Campbell and Ammer (1993), we find that the effects of unanticipated monetary policy actions on expected excess returns account for the largest part of the response of stock prices.
"synopsis" may belong to another edition of this title.
Buy New
View this item
£ 16.75
£ 8.57 shipping from U.S.A. to United Kingdom
Destination, rates & speeds
Search results for Finance and Economics Discussion Series: What Explains...
Seller Image
Finance and Economics Discussion Series: What Explains the Stock Market's Reaction to Federal Reserve Policy (Paperback or Softback)
Published by
Bibliogov 2/6/2013, 2013
ISBN 10: 1288713215
ISBN 13: 9781288713219
New
Paperback or Softback
Seller: BargainBookStores, Grand Rapids, MI, U.S.A.
Seller rating 5 out of 5 stars
Paperback or Softback. Condition: New. Finance and Economics Discussion Series: What Explains the Stock Market's Reaction to Federal Reserve Policy 0.28. Book. Seller Inventory # BBS-9781288713219
Quantity: 5 available
Stock Image
Finance and Economics Discussion Series: What Explains the Stock Market's Reaction to Federal Reserve Policy
Print on DemandSeller: THE SAINT BOOKSTORE, Southport, United Kingdom
Seller rating 5 out of 5 stars
Paperback / softback. Condition: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days 157. Seller Inventory # C9781288713219
Quantity: Over 20 available
Seller Image
Finance and Economics Discussion Series: What Explains the Stock Market s Reaction to Federal Reserve Policy
Seller: moluna, Greven, Germany
Seller rating 5 out of 5 stars
Condition: New. KlappentextThis paper analyzes the impact of changes in monetary policy on equity prices, with the objectives both of measuring the average reaction of the stock market and also of understanding the economic sources of that reaction. We . Seller Inventory # 6584625
Quantity: Over 20 available
Stock Image
Finance and Economics Discussion Series: What Explains the Stock Market's Reaction to Federal Reserve Policy
Seller: Lucky's Textbooks, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Condition: New. Seller Inventory # ABLING22Oct2517050416930
Quantity: Over 20 available