Monetary Policy Surprises and Exchange Rate Behavior
收藏NBER2020-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27819
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资源简介：
Central banks unexpectedly tightening policy rates often observe the exchange value of their currency depreciate, rather than appreciate as predicted by standard models. We document this for Fed and ECB policy days using event-studies and ask whether an information effect, where the public
提供机构：
美国国家经济研究局
创建时间：
2020-09-01
