The Effect of Central Bank Policy Decisions on Stock Market Returns in Chile

This paper analyzes the stock-market response to monetary policy decisions made by the Central Bank of Chile.  We use a methodology designed for the study of low frequency events and monthly data from September 2001 to December 2013 to estimate the effect of anticipated and unanticipated changes in...

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Bibliographic Details
Main Authors: Andrés A. Acuña, Cristián F. Pinto
Format: Article
Language:English
Published: Universidad EAFIT 2015-06-01
Series:Ecos de Economía
Subjects:
Online Access:http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/3044