Essays about: "the Federal Reserve"
Showing result 6 - 10 of 30 essays containing the words the Federal Reserve.
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6. Unraveling the Impact: An Event Study of the Swedish Stock Market Reactions to the Riksbank's Monetary Policy Announcements
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This study investigates the impact of the Riksbank's monetary policy announcements on Swedish equity returns. Using a methodology developed by Kuttner (2001) and Fransson and Tysklind (2016) we distinguish between expected and unexpected changes to the Riksbank rate and study how the components affect equity prices. READ MORE
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7. The Risk Profile of the Federal Reserve's System Open Market Account Holdings of Domestic Treasury Securities and its Implications for United States Taxpayers
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : The composition of the System Open Market Account Holdings of Domestic Treasury Securities, along with its financial risks, may have implications for the funds transferred to the U.S. Treasury, potentially leading to higher taxes for American citizens. READ MORE
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8. Changing Patterns over the FOMC Cycle
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We document that in the period 2017 to 2022, the US stock market did not feature the same pattern of higher excess stock returns in even weeks following Federal Open Market Committee (FOMC) announcements as in the period 1994 to 2016. We show that timing of Board of Governors meetings and direction of Fed funds target rate movements affect US market returns in both periods, and connect changes in these factors to the distortion of the even-week return pattern. READ MORE
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9. Narratives in Central Banking - A Case Study on Federal Reserve Communication
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : This paper investigates how Federal Reserve communication affects financial markets. This is done by constructing a sentiment index based on meeting minutes released by the Federal Open Market Committee. READ MORE
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10. Is the Federal Reserve Causing Funds to Underperform? A causal machine learning analysis
University essay from Lunds universitet/Statistiska institutionen; Lunds universitet/Nationalekonomiska institutionenAbstract : Macroeconomic conditions heavily influence financial markets, and the leading corpus of theory in the field lays out some general principles observed by investors and asset managers alike. However, while the theory is sound, it is hard to measure how much effect these conditions have. READ MORE