Finance and Economics Discussion Series: What Explains the Stock Market's Reaction to Federal Reserve Policy by Kenneth N. Kuttner, Ben S. Bernanke

Finance and Economics Discussion Series: What Explains the Stock Market's Reaction to Federal Reserve Policy

Kenneth N. Kuttner, Ben S. Bernanke

60 pages missing pub info (editions)

nonfiction politics
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Finance and Economics Discussion Series: What Explains the Stock Market's Reaction to Federal Reserve Policy by Kenneth N. Kuttner, Ben S. Bernanke is a must-read for finance enthusiasts and economics aficionados who crave a deeper understanding of the intricate dance between monetary policy and the stock market, offering a fascinating exploration of the complex relationships that shape the world of high finance.

Description

This paper analyzes the impact of changes in monetary policy on equity prices, with the objectives both of measuring the average reaction of the stock market and also of understanding the economic sources of that reaction. We find that, on average...

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