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Let’s Twist Again: A High-Frequency Event-Study Analysis of Operation Twist and Its Implications for QE2
15 references·14 citing·47 second hop
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this work references cited by second hop

References

  • 1998Monetary Policy Shocks: What Have We Learned and to What End?2,186 cited
  • 2004Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements1,566 cited
  • 1999Price Formation and Liquidity in the U.S. Treasury Market: The Response to Public Information799 cited
  • 2009A Preferred-Habitat Model of the Term Structure of Interest Rates737 cited
  • 2011The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment671 cited
  • 2014Bond Supply and Excess Bond Returns517 cited
  • 2016INNOVATIONS IN INTEREST RATE POLICY442 cited
  • 2009International capital flows and U.S. interest rates399 cited
  • 2012Macroeconomics and the Term Structure314 cited
  • 2010Large-Scale Asset Purchases by the Federal Reserve: Did They Work?304 cited
  • 2004Identifying VARS based on high frequency futures data265 cited
  • 2010Flow and Stock Effects of Large-Scale Treasury Purchases226 cited
  • 2008Bond Supply and Excess Bond Returns218 cited
  • 2007The Demand for Treasury Debt119 cited
  • 1996Macroeconomic News and Bond Market Volatility102 cited

Cited by

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  • 2018Quantitative easing auctions of Treasury bonds57 cited
  • 2011The Macroeconomic Effects of Large-Scale Asset Purchase Programs52 cited
  • 2014Financial Crisis, Unconventional Monetary Policy and International Spillovers37 cited
  • 2024Corporate Debt Maturity Matters for Monetary Policy35 cited
  • 2015The British Attempt to Manage Long-Term Interest Rates in 1962-6432 cited
  • 2012The Macroeconomic Effects of Large-Scale Asset Purchase Programs32 cited
  • 2022A Reassessment of Monetary Policy Surprises and High-Frequency Identification29 cited
  • 2020Monetary Policy and Economic Performance Since the Financial Crisis23 cited
  • 2018Asset market responses to conventional and unconventional monetary policy shocks in the United States23 cited
  • 2023Corporate Discount Rates22 cited
  • 2011Have We Underestimated the Likelihood and Severity of Zero Lower Bound Events?21 cited
  • 2012Evidence on The Portfolio Balance Channel of Quantitative Easing21 cited
  • 2022A Reassessment of Monetary Policy Surprises and High-Frequency Identification18 cited
  • 2021Asset Purchase Programs in European Emerging Markets15 cited