News and Monetary Shocks at a High Frequency: A Simple Approach
We develop a simple approach to identify economic news and monetary shocks at a high frequency. The approach is used to examine financial market developments in the United States following the Federal Reserve's May 22, 2013 taper talk suggesting that it would begin winding down its quantitative...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2014
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Schriftenreihe: | IMF Working Papers
Working Paper No. 14/167 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | We develop a simple approach to identify economic news and monetary shocks at a high frequency. The approach is used to examine financial market developments in the United States following the Federal Reserve's May 22, 2013 taper talk suggesting that it would begin winding down its quantitative easing program. Our findings show that the sharp rise in 10-year Treasury bond yields immediately after the taper talk was largely due to monetary shocks, with positive economic news becoming increasingly important in subsequent months |
Beschreibung: | 1 Online-Ressource (12 p) |
ISBN: | 1498324851 9781498324854 |
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spelling | Matheson, Troy Verfasser aut News and Monetary Shocks at a High Frequency A Simple Approach Matheson, Troy Washington, D.C International Monetary Fund 2014 1 Online-Ressource (12 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 14/167 We develop a simple approach to identify economic news and monetary shocks at a high frequency. The approach is used to examine financial market developments in the United States following the Federal Reserve's May 22, 2013 taper talk suggesting that it would begin winding down its quantitative easing program. Our findings show that the sharp rise in 10-year Treasury bond yields immediately after the taper talk was largely due to monetary shocks, with positive economic news becoming increasingly important in subsequent months Online-Ausg Stavrev, Emil Sonstige oth http://elibrary.imf.org/view/IMF001/21627-9781498324854/21627-9781498324854/21627-9781498324854.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Matheson, Troy News and Monetary Shocks at a High Frequency A Simple Approach |
title | News and Monetary Shocks at a High Frequency A Simple Approach |
title_auth | News and Monetary Shocks at a High Frequency A Simple Approach |
title_exact_search | News and Monetary Shocks at a High Frequency A Simple Approach |
title_exact_search_txtP | News and Monetary Shocks at a High Frequency A Simple Approach |
title_full | News and Monetary Shocks at a High Frequency A Simple Approach Matheson, Troy |
title_fullStr | News and Monetary Shocks at a High Frequency A Simple Approach Matheson, Troy |
title_full_unstemmed | News and Monetary Shocks at a High Frequency A Simple Approach Matheson, Troy |
title_short | News and Monetary Shocks at a High Frequency |
title_sort | news and monetary shocks at a high frequency a simple approach |
title_sub | A Simple Approach |
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