Liquidity Effects in the Bond Market
收藏NBER2001-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8597
下载链接
链接失效反馈官方服务：
资源简介：
Our paper reports the following two findings: 1) In monthly data, bond purchases by the Fed raise bond prices and reduce bond yields. The residual bond-supply to traders is not fully predictable, and this supply-risk adds between 10 and 40 basis points to the standard deviation of the real interest
提供机构：
美国国家经济研究局
创建时间：
2001-11-01
