| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w3471 |
| 来源ID | Working Paper 3471 |
| Temporal Variation in the Interest-Rate Response to Money Announcements | |
| V. Vance Roley; Simon M. Wheatley | |
| 发表日期 | 1990-10-01 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | A number of studies find significant temporal variation in the interest-rate response to money announcement surprises. An unresolved question, however, is whether the response changes immediately as different policy regimes are adopted, or whether the change is gradual reflecting the establishment of Federal Reserve credibility. This paper conducts tests that allow for both discrete shifts in the interest-rate response to money announcements and a gradual evolution in this response. The evidence is consistent with the hypothesis that temporal variation in the interest-rate response is limited to discrete shifts in October 1979, October 1982, arid February 1984. |
| 主题 | Macroeconomics |
| URL | https://www.nber.org/papers/w3471 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560766 |
| 推荐引用方式 GB/T 7714 | V. Vance Roley,Simon M. Wheatley. Temporal Variation in the Interest-Rate Response to Money Announcements. 1990. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w3471.pdf（521KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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