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An empirical study on the impact of monetary policy on the bond market in China

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Para politikası beklentilerinin sermaye piyasaları üzerindeki etkisi

Demiralp, Selva; Yilmaz, Kamil - 2010

In this paper, we investigate the responsiveness of financial markets to monetary policy expectations in Turkey. According to the efficient markets hypothesis, financial markets respond to anticipated policy actions prior to a policy announcement. As a result, they are expected to respond only...

Persistent link: https://www.econbiz.de/10010277263