Sökning: "Monetary policy surprise"

Hittade 3 uppsatser innehållade orden Monetary policy surprise.

  1. 1. An Empirical Study of Monetary Policy Transmission Through Floating Rate Corporate Debt

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :BEHZAD JAWAN BAKHSH; DENNIS MUTISO MULI; [2023-06-29]
    Nyckelord :Monetary policy surprise; Monetary policy transmission; Cash flow channel; Fed; Federal Open Market Committee; Forward guidance; SEC filings; Hedging; Bank Debt; Floating rate debt;

    Sammanfattning : Considering the contemporary shift in the interest rate regime and the high levels of corporate debt in the US market, we show that monetary policy surprises have an impact on stock returns. This impact is dominated by a surprise in Fed forward guidance. LÄS MER

  3. 2. Bank Stock Returns and Monetary Policy Surprises: Before and After the Financial Crisis

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Författare :Jean-Philippe Chakbazof; Ludvig Sviberg; [2020]
    Nyckelord :Monetary Policy; FOMC Announcements; Interest Rate Surprises; Maturity Mismatch;

    Sammanfattning : Using daily bank stock data and quarterly balance sheet data, we estimate the reaction of bank stock returns and maturity mismatches to surprise changes in the federal funds rate and the slope of the yield curve on FOMC dates, before and after the financial crisis of 2008. We find that the reaction of U.S. LÄS MER

  4. 3. The effect of monetary policy on active investments

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Alexander Berglund; [2018]
    Nyckelord :Monetary Policy; Stock Prediction; Hedge Funds; Alpha; Cross-Asset;

    Sammanfattning : This paper examines the effects of U.S. monetary policy announcements in the aftermath of the subprime crisis on financial analysts' ability to predict stock prices. We study such effects, if any, using Bloomberg data on equity analyst 12-month target prices and subsequent realized stock prices. LÄS MER