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"We document a strong co-movement between the VIX, the stock market option-based implied volatility, and monetary policy. We decompose the VIX into two components, a proxy for risk aversion and expected stock market volatility ("uncertainty"), and analyze their dynamic interactions with monetary...
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Publisher's description: ``Describes basic concepts of rational decision making and decision analysis to the reader … -- offers insights that help to systematically analyze decision making problems in professional and private life and helps the … decision making processes in various fields such as economics, politics, and medicine as well as in personal life. Areas of …
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