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Monetary policy shocks and long-term interest rates

Wendy Edelberg and David Marshall

Economic Perspectives, 1996, vol. 20, issue Mar, 2-17

Abstract: Exogenous shocks to monetary policy strongly affect short-term interest rates, but have little or no effect on longer-term interest rates.

Keywords: Bonds; Interest rates; Monetary policy (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (28)

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