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The Long-Run Effects of the Fed’s Monetary Policy on the Dynamics among Major Asset Classes

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  • Miao Jia

    (School of Accounting, Finance and Informatics, Kingston Business School, Kingston University, London, United Kingdom of Great Britain and Northern Ireland)

Abstract

It is well known that government monetary policies significantly impact financial markets. There have been numerous studies examining the relationship between monetary policy and the prices of financial assets, including equities and bonds. Little, however, has been done to explore the impact of major financial assets on changes in monetary policies.

Suggested Citation

  • Miao Jia, 2016. "The Long-Run Effects of the Fed’s Monetary Policy on the Dynamics among Major Asset Classes," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 51(1), pages 9-19, September.
  • Handle: RePEc:vrs:ijomae:v:51:y:2016:i:1:p:9-19:n:2
    DOI: 10.1515/ijme-2016-0016
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    More about this item

    Keywords

    monetary policy; cointegration and error correction models; portfolio management;
    All these keywords.

    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • E - Macroeconomics and Monetary Economics
    • E - Macroeconomics and Monetary Economics
    • E - Macroeconomics and Monetary Economics

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