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Why Does the Fed React to the Stock Market Changes?: A Covariance Decomposition Analysis

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  • Bedri Kamil Onur Tas

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Paper provided by TOBB University of Economics and Technology, Department of Economics in its series Working Papers with number 0905.

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Date of creation: Oct 2009
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Handle: RePEc:tob:wpaper:0905

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  1. Clarida, Richard & Galí, Jordi & Gertler, Mark, 1998. "Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory," CEPR Discussion Papers 1908, C.E.P.R. Discussion Papers.
  2. Roberto Rigobon & Brian Sack, 2003. "Measuring The Reaction Of Monetary Policy To The Stock Market," The Quarterly Journal of Economics, MIT Press, vol. 118(2), pages 639-669, May.
  3. Stephen G. Cecchetti & Hans Genberg & Sushil Wadhwani, 2002. "Asset Prices in a Flexible Inflation Targeting Framework," NBER Working Papers 8970, National Bureau of Economic Research, Inc.
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