Economics, Econometrics and Finance
4 years ago

Treasury securities show asymmetric response to monetary policy surprises.

RePEc: Research Papers in Economics
Asymmetric Response to Monetary Policy Surprises at the Long-End of the Yield Curve
Selva Demiralp, Kamil Yılmaz

Paper Summary

Related papers

Economics, Econometrics and Finance
3 years ago

Monetary Policy Shifts Shake Up Global Currency Markets

Macroeconomic Analysis
Oil Price Shocks
International Finance
2 views
Economics, Econometrics and Finance
4 years ago

Sharp interest rate hikes lead to economic crises, unconventional policy saves.

Econophysics
Banking Finance
Development in Italy
Economics, Econometrics and Finance
4 years ago

New study suggests monetary policy should lean against financial winds

Macroeconomic Trends
International Finance
Macroeconomic Analysis

The study looked at how asset markets react to changes in monetary policy over time. They found that when interest rates are going up, Treasury securities respond more to policy changes, but when rates are going down, the response is weaker. This shows that the impact of monetary policy on the economy is not the same in all situations.