Anticipation and Surprises in Central Bank Interest Rate Policy : The Case of the Bundesbank.
Market reaction to a change in official interest rates will depend on the extent to which the change is anticipated, and on how it is interpreted as a signal of future policy. In this paper, a technique is developed to separate the anticipated and unanticipated components of such changes and is appl...
| Údar corparáideach: | |
|---|---|
| Formáid: | IRIS |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
1998.
|
| Sraith: | IMF Working Papers; Working Paper ;
No. 1998/043 |
| Rochtain ar líne: | Full text available on IMF |