Canadian Interest Rate Setting: The Information Content of Canadian and U.S. Central Bank Communication
We explain Canadian target rate decisions using macroeconomic variables as well as Bank of Canada (BOC) and Federal Reserve (Fed) communication indicators. Econometrically, we employ an ordered probit model of a Taylor rule to explain and predict 60 target rate decisions between 1998 and 2006. We fi...
Gespeichert in:
Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 35-2009) |
---|---|
Autoren: | , |
Format: | Artikel |
Sprache: | Englisch |
Veröffentlicht: |
Philipps-Universität Marburg
2009
|
Schlagworte: | |
Online-Zugang: | PDF-Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
MAGKS - Joint Discussion Paper Series in Economics