Bernanke, Ben (contributor); Reinhart, Vincent (contributor) - 2004
policy. Specifically, our event studies for the United States confirm the
result of Gürkaynak, Sack, and Swanson (2004 …. Few studies
have presented empirical evidence on the potential effectiveness of non-standard
monetary policies in modern …
yields over short periods surrounding central bank statements or other types of financial
or economic news (an “event …