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The Effects of Monetary Policy "News" and "Surprises"

There is substantial agreement in the monetary policy literature over the effects of exogenous monetary policy shocks. The shocks that are investigated, however, almost exclusively represent unanticipated changes in policy, which surprise the private sector and which are typically found to have a... Full description

1st Person: MILANI, FABIO
Additional Persons: TREADWELL, JOHN verfasserin
Source: in Journal of Money, Credit and Banking Vol. 44, No. 8 (2012), p. 1667-1692
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Type of Publication: Article
Language: English
Published: 2012
Keywords: research-article
Online: Volltext
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