Hayo, Bernd; Kutan, Ali M.; Neuenkirch, Matthias - In: Southern Economic Journal 78 (2012) 3, pp. 1041-1056
Work on the impact of U.S. monetary policy on emerging financial markets mostly focuses on official target rate announcements; empirical evidence using data on informal communication channels, such as speeches, is scant. Employing a unique data set covering formal and informal communication...