What Explains the Stock Market's Reaction to Federal Reserve Policy?
收藏NBER2004-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10402
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资源简介：
This paper analyzes the impact of changes in monetary policy on equity prices, with the objectives both of measuring the average reaction of the stock market and also of understanding the economic sources of that reaction. We find that, on average, a hypothetical unanticipated 25-basis-point cut in
提供机构：
美国国家经济研究局
创建时间：
2004-04-01
