The Economics of the Fed Put
收藏NBER2020-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26894
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资源简介：
Since the mid-1990s, low stock returns predict accommodating policy by the Federal Reserve. This fact emerges because, over this period, negative stock returns comove with downgrades to the Feds growth expectations. Textual analysis of the FOMC documents reveals that policymakers pay attention to
提供机构：
美国国家经济研究局
创建时间：
2020-03-01
