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Gauging Market Responses to Monetary Policy Communication
16 references·1 citing·51 second hopsampled
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The Response of Asset Prices to Monetary Policy Actions and Statements (2004)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)Uncertainty about Government Policy and Stock Prices (2012)Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (1988)Business conditions and expected returns on stocks and bonds (1989)The Determinants of Credit Spread Changes (2001)Presidential Address: Discount Rates (2011)Wage Discrimination: Reduced Form and Structural Estimates (1973)Does Compulsory School Attendance Affect Schooling and Earnings? (1991)The Bell Curve: Intelligence and Class Structure in American Life. (1995)The Effects of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior (2006)Where is the land of Opportunity? 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References

  • 2001The Skill Content of Recent Technological Change: An Empirical Exploration2,645 cited
  • 2005What Explains the Stock Market's Reaction to Federal Reserve Policy?2,382 cited
  • 2003Zero Bound on Interest Rates and Optimal Monetary Policy2,078 cited
  • 2008Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence1,391 cited
  • 1996The Role of Premarket Factors in Black-White Wage Differences1,339 cited
  • 2007Real-time price discovery in global stock, bond and foreign exchange markets1,127 cited
  • 1993What Moves the Stock and Bond Markets? A Variance Decomposition for Long-Term Asset Returns1,016 cited
  • 1993What Moves the Stock and Bond Markets? A Variance Decomposition for Long-Term Asset Returns892 cited
  • 2012Macroeconomic Effects of Federal Reserve Forward Guidance748 cited
  • 2005A HISTORY OF THE FEDERAL RESERVE671 cited
  • 2004Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment670 cited
  • 2005The global saving glut and the U.S. current account deficit663 cited
  • 2005Stock Market Uncertainty and the Stock-Bond Return Relation655 cited
  • 2014Unconventional monetary policy had large international effects618 cited
  • 1999A Theory of Wage and Promotion Dynamics Inside Firms

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460 cited
  • 2013The Signaling Channel for Federal Reserve Bond Purchases323 cited
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    • 2025Central bank communication of uncertainty10 cited