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- W2247496251 abstract "Empirical studies of the effects of the Federal Reserve's weekly money-supply announcements on interest rates have tended to find that interest-rate changes following these announcements are positively correlated with the anticipated component of the announcement. These studies also have tended to find structural changes in interest-rate responses to money-supply announcements following the Fed's October 1979 policy changes. This paper suggests that these conclusions may simply reflect a failure to adequately account for the presence of systematic errors in the Fed's weekly estimates of the money supply. Copyright 1989 by Ohio State University Press." @default.
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- W2247496251 date "1989-08-01" @default.
- W2247496251 modified "2023-09-25" @default.
- W2247496251 title "The Role of Systematic Fed Errors in Explaining the Money Supply Announcements Puzzle: Note" @default.
- W2247496251 doi "https://doi.org/10.2307/1992423" @default.
- W2247496251 hasPublicationYear "1989" @default.
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