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