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Monetary integration and the consistency of policy objectives in the European common market

✍ Scribed by Balassa, Bela ;Resnick, Stephen


Book ID
112827979
Publisher
Springer
Year
1974
Tongue
English
Weight
913 KB
Volume
110
Category
Article
ISSN
1610-2924

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## Abstract In this paper we investigate the stock market response to international monetary policy changes in the UK and Germany. Specifically, we analyse the impact of (un)expected changes in the UK and German/Euro area policy rates on the UK and German aggregate and sectoral equity returns in an