("the Fed") targets asset prices to close the output gap. Our model explains several facts, including why the Fed stabilizes … asset price fluctuations driven by financial market shocks ("the Fed put/call"), but destabilizes asset prices in response …). Although the Fed targets asset prices, it "cooperates" with the market to achieve its desired asset price. When the market and …

government bond, the S&P500, Apple Computer stock are studied as well as the massive Fed and government stimuli which fuelled the …

Eurozone, it appears difficult to find a distinct impact of the Fed’s QE1 on US interest rates for which the global environment … Fed’s QE1 program on the stability of the US-Euro long-term interest rate relationship by using a CVAR and, in particular …

includes the quantity impact of the Fed's trades on Treasury market prices. As such, we are able to estimate both the magnitude … and duration of the QE price effects. We show that the Fed's QE program affected forward rates without introducing … years), but the QE had little if any impact on long-term forward rates. This is in contrast to the Fed's stated intentions …

Eurozone, it appears difficult to find a distinct impact of the Fed's QE1 on US interest rates for which the global environment … Fed's QE1 program on the stability of the US-Euro long-term interest rate relationship by using a CVAR and, in particular …