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BIBTEX RIS

The impact of U.S. central bank communication on European and pacific equity markets

2010; Elsevier BV; Volume: 108; Issue: 2 Linguagem: Inglês

10.1016/j.econlet.2010.05.006

ISSN

1873-7374

Autores

Bernd Hayo, Ali M. Kutan, Matthias Neuenkirch,

Tópico(s)

Global Financial Crisis and Policies

Resumo

We examine the effects of U.S. target rate changes and FOMC communications on European and Pacific equity market returns and find that both have a significant impact. European markets are influenced by a greater variety of communications than Pacific markets.

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