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The credit channel of monetary policy: Evidence from the housing market

โœ Scribed by Matteo Iacoviello; Raoul Minetti


Book ID
113722340
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
341 KB
Volume
30
Category
Article
ISSN
0164-0704

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๐Ÿ“œ SIMILAR VOLUMES


Credit Spread Changes and Monetary Polic
โœ XIAONENG ZHU* ๐Ÿ“‚ Article ๐Ÿ“… 2012 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 658 KB

This study analyzes the impact of monetary policy actions on credit spreads of various rating categories and maturities, using federal funds futures to distinguish between anticipated and unanticipated changes in the federal funds rate. Two proxies for monetary policy shocks are the surprise change