Mizrach, Bruce Marshall (contributor); … - 2005 - rev.
Department of Economics
Rutgers University
Christopher J. Neely∗
Research Department
Federal Reserve Bank of Saint Louis
This …) producer price index. The remaining four
provide information about business cycle conditions: (5) durable goods; (6) housing …
share of price discovery during the business day of the macro announcement. This shift in price
19
discovery is especially …