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- W3196259210 abstract "This paper assesses the response of a set of emerging markets' domestic interest rates to the US monetary policy surprises within a dynamic framework. Monthly data from Algeria, Bahrain, Israel, Jordan, Kuwait, Tunisia and Turkey for the 1989:03 to 2005:12 period reveal positive effects of the unanticipated Federal Funds target changes on the short-term interest rates of these countries. When we look at the effect of US monetary policy surprises for different Turkish interest rates, the evidence is robust for the 3 and 12-month rates, but government controlled interbank and treasury auction rates have reverse positions." @default.
- W3196259210 created "2021-08-30" @default.
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- W3196259210 date "2008-01-01" @default.
- W3196259210 modified "2023-09-23" @default.
- W3196259210 title "US Monetary Policy Surprises and Foreign Interest Rates: Evidence from a Set of MENA Countries" @default.
- W3196259210 hasPublicationYear "2008" @default.
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