Ehrmann, Michael (contributor); … - 2008
take place on Tuesdays, till the end of the week of the
meeting. In fact, the FOMC at its January 31-February 1, 1995 … purdah period was relatively long under the previous practice, covering one third of the
usual six-week length of a typical … change in the daily US interest rate series, r
t-1
as the lagged change, z
t
as a vector
of controls comprising day-of-the-week …