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Volatility, Stabilization and Union Wage-setting: The Effects of Monetary Policy on the ‘Natural’ Unemployment Rate

✍ Scribed by Luigi Bonatti


Book ID
108557592
Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
173 KB
Volume
31
Category
Article
ISSN
0391-5026

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## Abstract Both the UK spot and futures markets in short‐term interest rates are found to react strongly to surprises in the scheduled announcements of the repo rate and RPI. Therefore, these announcements should also affect the market for options on short‐term interest rate futures. Because the r