Monetary Policy and the Stock Market: Theory and Empirical Evidence
โ Scribed by Peter Sellin
- Book ID
- 108514626
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 633 KB
- Volume
- 15
- Category
- Article
- ISSN
- 0950-0804
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๐ SIMILAR VOLUMES
## 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
## Abstract The balance sheet channel of monetary policy working through the euro area corporate bond market is important, as shown by empirical results based on different methods for the first two and a half years since the introduction of the euro. The external finance premium on corporate bonds