Monetary Policy Shifts and the Forward Discount Puzzle
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More about this item
Keywords
expectations errors; excess returns; forward discount puzzle; Taylor rule; monetary policy;JEL classification:
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- F31 - International Economics - - International Finance - - - Foreign Exchange
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2013-05-22 (All new papers)
- NEP-CBA-2013-05-22 (Central Banking)
- NEP-MON-2013-05-22 (Monetary Economics)
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