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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23754 |
来源ID | Working Paper 23754 |
Does It Matter If Statistical Agencies Frame the Month\u2019s CPI Reporton a 1-Month or 12-month Basis? | |
Jeffrey A. Frankel; Ayako Saiki | |
发表日期 | 2017-09-04 |
出版年 | 2017 |
语种 | 英语 |
摘要 | When the US Bureau of Labor Statistics releases new numbers, in theory it should make no difference whether the press release emphasizes the most recent 1-month number, which is what it always does, or the 12-month number, as many other countries’ statistical agencies do. This paper offers the hypothesis that it does matter: Markets react to CPI inflation news via whichever framing the agency has adopted. |
主题 | Macroeconomics ; Money and Interest Rates ; International Economics ; International Finance ; Financial Economics ; Financial Markets ; Behavioral Finance |
URL | https://www.nber.org/papers/w23754 |
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/581428 |
推荐引用方式 GB/T 7714 | Jeffrey A. Frankel,Ayako Saiki. Does It Matter If Statistical Agencies Frame the Month\u2019s CPI Reporton a 1-Month or 12-month Basis?. 2017. |
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 | ||
w23754.pdf(1134KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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