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Interest Rates, Money Supply Announcements, and Monetary Base Announcements

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NBER1985-09-01 更新2025-01-04 收录
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This paper presents a new set of empirical regularities on the link between interest rates, money supply announcements and monetary base announcements. Among the main findings reported are: (i) unexpected increases in the announced monetary base have a significantly positive effect on interest rates

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1985-09-01
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