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

... Raised Another Half Point by Fed. Wall StreetJournal, May 18, A2.22 Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market AbstractThis paper estimates the impact ... FOMC17 Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market Kenneth N. KuttnerFebruary 10, 2000Thanks to Antulio Bomﬁm, Mike Fleming, Jim Moser, and Vance ... concernedwith the effects of Fed policy on bond prices. And because the ﬁrst link in the transmissionof Federal Reserve policy is from the Fed funds target to other interest rates, the issue is animportant...

Bank Risk-Taking, Securitization, Supervision, and Low Interest Rates: Evidence from Lending Standards pptx

... (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 their lending standards for the pool ... of monetary policy stance since the deviation from the Euro Area average for a country at a given point in time is due to both the common monetary policy rate and the domestic inflation and...

Asymmetric adjustment of commercial bank interest rates: evidence from Malaysia and Singapore pdf

...

Bank Risk-Taking, Securitization, Supervision, and Low Interest Rates: Evidence from Lending Standards potx

... (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. 15different ... 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:Q4 and it collects the answers from a ... information on the changes in the terms and conditions of a loan. These are the contractual obligations agreed upon by the lender and the borrower, such as the interest rate (both for average and for...

Environmental regulation and economic competitiveness: Evidence from the textile industry in Vietnam

... 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 Secretary-General of the Communist ... operations, how much they invest in the improvement of machine, the environmental and economic benefits that they experience from doing so and how they actually deal with the inspections by environmental...

Tài liệu Báo cáo " Late Eocene metamorphism and ductile deformation age of Con Voi range, the Red River shear zone: evidence from the garnet Sm/Nd dating" docx

... 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 zircon age for metamorphism and ... leucogranite strongly depended on the structural relation of the samples and country rocks and also on the thermal history in which the rock itself experienced. All other radioactive dating methods...

Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record ppt

... ning the years after the founding of the Federal Reserve and after the Second WorldWar. 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 4% to 4.5% range. The federal funds ... the Fed loosened monetary policy because of the fear of Y2K. The tech boom, which had elevated the NASDAQ to uns ust ai nabl elevels, led to a bust and a decline in wealth and consumption. The...

Credit-risk valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisis ppt

... valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisisCredit-risk valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisis 214 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: Evidence from the euro area crisis ... (5% and 10%, respectively).Credit-risk valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisis 255 The determinants of the basisIn this section we test whether the...

Wars and Child Health: Evidence from the Eritrean-Ethiopian Conﬂict pdf

... 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. Additionally, both boys and girls ... would have been similar in the absence of the war. Equation 4 assumes that, apart from the war, there are no other events that might have coincided with the war and independently affected children’s...

The Determinants of Bank Net Interest Margin: Evidence from the Lebanese Banking Sector ppt

... 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 of Money, Investment and ... rely on the host market central bank or interbank market to raise funds and thus, their (loans and deposits) rates are not adjusted according to the host market central bank discount rate and interbank...

Xem thêm