The impact of U.S. central bank communication on European and pacific equity markets
Bernd Hayo (),
Ali Kutan () and
Matthias Neuenkirch ()
Economics Letters, 2010, vol. 108, issue 2, 172-174
We examine the effects of U.S. target rate changes and FOMC communications on European and Pacific equity market returns and find that both have a significant impact. European markets are influenced by a greater variety of communications than Pacific markets.
Keywords: Central; bank; communication; International; equity; markets; Federal; Reserve; Bank; U.S.; monetary; policy (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: The Impact of U.S. Central Bank Communication on European and Pacific Equity Markets (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:108:y:2010:i:2:p:172-174
Access Statistics for this article
Economics Letters is currently edited by Economics Letters Editorial Office
More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().