Publicado por LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3848401967 ISBN 13: 9783848401963
Librería: PBShop.store UK, Fairford, GLOS, Reino Unido
PAP. Condición: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000.
Publicado por LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3848401967 ISBN 13: 9783848401963
Librería: Lucky's Textbooks, Dallas, TX, Estados Unidos de America
Condición: New.
Publicado por LAP Lambert Academic Publishing, 2012
ISBN 10: 3848401967 ISBN 13: 9783848401963
Librería: Ria Christie Collections, Uxbridge, Reino Unido
Condición: New. PRINT ON DEMAND Book; New; Fast Shipping from the UK. No. book.
Publicado por LAP Lambert Academic Publishing 2012-05, 2012
ISBN 10: 3848401967 ISBN 13: 9783848401963
Librería: Chiron Media, Wallingford, Reino Unido
PF. Condición: New.
Publicado por LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3848401967 ISBN 13: 9783848401963
Librería: PBShop.store US, Wood Dale, IL, Estados Unidos de America
PAP. Condición: New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000.
Publicado por LAP LAMBERT Academic Publishing Mai 2012, 2012
ISBN 10: 3848401967 ISBN 13: 9783848401963
Librería: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Alemania
Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The immediate effect of monetary policy changes on the stock market returns has been of great interest both for macroeconomists and financial economists. However, up until now a mutual accord has not been reached on the relationship between monetary policy and equity prices. The main issues of the debate are centered on the exact identification of policy changes and endogeneity of policy decisions. In this book I provide the analysis of alternative specifications of monetary policy measures and focus on testing of two most popular ones in empirical research: VAR orthogonalized innovations and decomposed federal funds rate change. I show how the estimates of stock responses vary with regard to the measure of policy shock chosen for estimation. I suggest extending the regression of stock returns on policy shocks with one of the measures of investor sentiment, Volatility Index, VIX, which I conclude to be the omitted variable. The empirical results presented in the book confirm the heterogeneous reaction of stock prices to changes in monetary conditions. 56 pp. Englisch.
Publicado por LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3848401967 ISBN 13: 9783848401963
Librería: AHA-BUCH GmbH, Einbeck, Alemania
Taschenbuch. Condición: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - The immediate effect of monetary policy changes on the stock market returns has been of great interest both for macroeconomists and financial economists. However, up until now a mutual accord has not been reached on the relationship between monetary policy and equity prices. The main issues of the debate are centered on the exact identification of policy changes and endogeneity of policy decisions. In this book I provide the analysis of alternative specifications of monetary policy measures and focus on testing of two most popular ones in empirical research: VAR orthogonalized innovations and decomposed federal funds rate change. I show how the estimates of stock responses vary with regard to the measure of policy shock chosen for estimation. I suggest extending the regression of stock returns on policy shocks with one of the measures of investor sentiment, Volatility Index, VIX, which I conclude to be the omitted variable. The empirical results presented in the book confirm the heterogeneous reaction of stock prices to changes in monetary conditions.
Publicado por LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3848401967 ISBN 13: 9783848401963
Librería: moluna, Greven, Alemania
Kartoniert / Broschiert. Condición: New.