Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market doc

... Raised Another Half Point by Fed. Wall Street Journal, May 18, A2. 22 Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market Abstract This paper estimates the impact ... FOMC 17 Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market Kenneth N. Kuttner February 10, 2000 Th...

Ngày tải lên: 06/03/2014, 02:21

... (1992), and in Christiano, Eichenbaum, and Evans (1996), among others, the overnight interest rate is the indicator of the stance of monetary policy. In the Euro Area the Governing Council of the ... information on the lending standards they apply to customers and on the loan demand they receive. We use this rich information set to analyze whether banks change th...

Ngày tải lên: 06/03/2014, 14:20

Ngày tải lên: 22/03/2014, 17:20

... (1996), among others, the overnight interest rate is the indicator of the stance of monetary policy. The ECB targets the overnight rate as a measure of the stance of its monetary policy. 15 different ... request from banks quarterly information on the lending standards they apply to customers and on the loan demand they receive. The survey started in 2002:...

Ngày tải lên: 29/03/2014, 13:20

... regulations, like the US and EU markets, have to meet and anticipate these high standards. But once satisfying these standards, they are more likely to have higher penetration rate and the companies’ ... 1995). By the 1992 Constitution, the Politburo of the Communist Party of Viet Nam is the highest policy- making body. The President, the Prime Minister, and the...

Ngày tải lên: 24/08/2013, 18:48

... River shear zone is accommodating the southeastward motion of the South China block. The onset of the shift from the left to the right sense of motion along the present shear zone was constrained ... Although the zircon had very high closure temperature but the direct link to the metamorphism and ductile deformation lacked. Therefore, the interpretation of the...

Ngày tải lên: 13/02/2014, 12:20

... ning the years after the founding of the Federal Reserve and after the Second World War. Table 3 reports the results out to the first four quarters of the expansion, and Tab l e 4 looks at the ... downturn. The recession of 1991 was preceded by Fed policy tightening beginning in De- cember 1988 (Romer and Romer 1994). The FOMC wanted to reduce inflation from the...

Ngày tải lên: 06/03/2014, 19:20

... valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisis Credit-risk valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisis 21 4 Are there ... Austria, Belgium, Finland, France, and The Netherlands. The window length in all cases is 500 days. Credit-risk valuation in the sovereign CDS and bonds markets:...

Ngày tải lên: 15/03/2014, 07:20

... exposure to the war) and temporal (within a given region, the timing of whether a child was born during the war period). These variables are binary and indicate whether a child was born before the ... boys and girls born during the war in the war regions of Eritrea and Ethiopia, and the magnitude of the negative impacts appears comparable for boys and girls. Addi...

Ngày tải lên: 22/03/2014, 09:20

... adjust their lending and deposit rates according to the change in the host market economic growth and inflation. The same conclusion is for the central bank discount rate and the host market ... by their higher capacity to insulate clients from the effects on interest rates and therefore, they are less responsive to changes in the monetary policy. Journal...

Ngày tải lên: 22/03/2014, 17:20