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THE RELATIONSHIP BETWEEN EXCHANGE RATE MOVEMENTS AND MONETARY SURPRISES: RESULTS FOR THE UNITED KINGDOM AND THE UNITED STATES COMPARED AND CONTRASTED
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THE RELATIONSHIP BETWEEN EXCHANGE RATE MOVEMENTS AND MONETARY SURPRISES: RESULTS FOR THE UNITED KINGDOM AND THE UNITED STATES COMPARED AND CONTRASTED (1985)THE RELATIONSHIP BETWEEN EXCHANGE RATE MO…Why Interest Rates Rise When an Unexpectedly Large Money Stock is Announced (2016)Why Interest Rates Rise When …The Money Supply Announcements Puzzle: Review and Interpretation (1983)The Money Supply Announcement…Long- and short-term interest rates in a risky world (1983)Long- and short-term interest…Why Money Announcements Move Interest Rates: An Answer from the Foreign Exchange Market (1982)Why Money Announcements Move …Weekly money supply announcements and the volatility of short-term interest rates (1982)Weekly money supply announcem…The Response of Short-Term Interest Rates to Weekly Money Announcements (1982)The Response of Short-Term In…The information content of weekly money supply announcements (1982)The information content of we…Money supply announcements, interest rates, and foreign exchange (1982)Money supply announcements, i…The "Rationality" of Money Supply Expectations and the Short-Run Response of Interest Rates to Monetary Surprises (1981)The "Rationality" of Money Su…Market Response to the Weekly Money Supply Announcements in the 1970s (1981)Market Response to the Weekly…A Note on the Rationality of the Livingston Price Expectations (1975)A Note on the Rationality of …Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Stock Returns, Real Activity, Inflation, and Money (1981)The Fiscal and Monetary Linkage Between Stock Returns and Inflation (1983)Stock Prices and Economic News (1984)ON THE DYNAMIC RELATION BETWEEN STOCK PRICES AND EXCHANGE RATES (1996)Stock prices and exchange rate dynamics (2005)Monetary Policy Regimes, Expected Inflation, and the Response of Interest Rates to Money Announcements (1985)Some Evidence on the International Transmission of U. S. Money Supply Announcement Effects (1985)Weekly Money Announcements: New Information and Its Effects (1985)Balance of Trade Announcements and Movements in Exchange Rates (1988)Expectations and the neutrality of money (1972)Some International Evidence on Output-Inflation Tradeoffs. (1973)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Optimal Aggregation of Money Supply Forecasts: Accuracy, Profitability and Market Efficiency (1983)Ain't Behavin': Forecast Errors and Measurement Errors in Early GNP Estimates (1987)Testing for Serial Correlation in Least-Squares Regression When Some of the Regressors are Lagged Dependent Variables (1970)Inflation, Rational Expectations and the Term Structure of Interest Rates (1973)Econometric policy evaluation: A critique (1976)THE IMPACT OF MONEY ON SHORT‐TERM INTEREST RATES (1987)The Reaction of Live Hog Futures Prices to USDA Hogs and Pigs Reports (1990)The Effects of Inflation News on High Frequency Stock Returns (2004)Rational Expectations and the Theory of Price Movements (1961)Applied Economic Forecasting (1967)Expected appreciation in urban housing markets (1985)Rational Expectations and Macroeconomic Forecasts (1985)The Li vingston Survey: Still Useful Aft er All These Years (1997)Expectations and Exchange Rate Dynamics (1976)A Monetary Approach To The Exchange Rate: Doctrinal Aspects And Empirical Evidence (1977)On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials (1979)News from the U. S. and Japan: Which Moves the Yen/Dollar Exchange Rate? (1986)News from the U.S. and Japan (1987)Do currency markets absorb news quickly? (2005)The General Theory of Employment, Interest and Money. (1936)The General Theory of Employment, Interest and Money. (1936)Are Government Bonds Net Wealth? (1974)Futures trading and cash market volatility: Stock index and interest rate futures (1988)Exchange Rate Volatility and U. S. Monetary Policy: An ARCH Application (1989)Budget Deficits, National Saving, and Interest Rates (2004)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Reaction of Stock Prices to Unanticipated Changes in Money: A Note (1983)Real-Time Price Discovery in Stock, Bond and Foreign Exchange Markets (2005)Unanticipated Money Growth and Unemployment in the United States (1976)Macroeconomic Factors Do Influence Aggregate Stock Returns (2002)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)
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References

  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1983The Money Supply Announcements Puzzle: Review and Interpretation212 cited
  • 1983Long- and short-term interest rates in a risky world183 cited
  • 1975A Note on the Rationality of the Livingston Price Expectations176 cited
  • 1981Market Response to the Weekly Money Supply Announcements in the 1970s171 cited
  • 1981The "Rationality" of Money Supply Expectations and the Short-Run Response of Interest Rates to Monetary Surprises128 cited
  • 1982Money supply announcements, interest rates, and foreign exchange118 cited
  • 1982The Response of Short-Term Interest Rates to Weekly Money Announcements98 cited
  • 1982The information content of weekly money supply announcements52 cited
  • 1982Weekly money supply announcements and the volatility of short-term interest rates46 cited
  • 2016Why Interest Rates Rise When an Unexpectedly Large Money Stock is Announced45 cited
  • 1982Why Money Announcements Move Interest Rates: An Answer from the Foreign Exchange Market32 cited

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