Finance and Economics Discussion Series: Using Federal Funds Futures Contracts for Monetary Policy AnalysisFinance and Economics Discussion Series: Using Federal Funds Futures Contracts for Monetary Policy Analysis
Finance and Economics Discussion Series: Using Federal Funds Futures Contracts for Monetary Policy Analysis
BooksCloudSKU: 9781288711536

Finance and Economics Discussion Series: Using Federal Funds Futures Contracts for Monetary Policy Analysis - Paperback

$29.68
Shipping calculated at checkout.
In stock (50)
Finance and Economics Discussion Series: Using Federal Funds Futures Contracts for Monetary Policy Analysis
Finance and Economics Discussion Series: Using Federal Funds Futures Contracts for Monetary Policy Analysis - Paperback
$29.68
Still deciding?
Logo for GOVX ID, a service used to verify military, first responder, nurse or teachers to qualify them for discounts

Discount available for Military, First Responders, Medical Workers and Teachers

Payment & Security
American Express
Apple Pay
Diners Club
Discover
Google Pay
Mastercard
PayPal
Shop Pay
Venmo
Visa

Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.

Security
Related categories
Arts & Music - VysnArts & Music Automotive - VysnAutomotive Baby & Kids - VysnBaby & Kids Beauty & Body - VysnBeauty & Body Books & Collectibles - VysnBooks & Collectibles Clothing & Fashion - VysnClothing & Fashion Electronics - VysnElectronics Fitness Equipment - VysnFitness Equipment Food & Beverages - VysnFood & Beverages Health & Wellness - VysnHealth & Wellness Home & Garden - VysnHome & Garden Jewelry & Watches - VysnJewelry & Watches Mobility & Accessibility - VysnMobility & Accessibility Office & Work - VysnOffice & Work Pet Supplies - VysnPet Supplies Sports & Outdoor - VysnSports & Outdoor Toys & Games - VysnToys & Games Travel & Luggage - VysnTravel & Luggage
High-Quality MaterialsMade with premium materials for long-lasting use.
Easy to UseSimple design for quick setup and convenience.
Versatile & Multi-PurposePerfect for home, office, or on-the-go.
Satisfaction GuaranteeLove it or return it for a full refund.

by Refet S. Gurkaynak (Author), United States Federal Reserve Board (Created by)

Federal funds futures are popular tools for calculating market-based monetary policy surprises. These surprises are usually thought of as the difference between expected and realized federal funds target rates at the current FOMC meeting. This paper demonstrates the use of federal funds futures contracts to measure how FOMC announcements lead to changes in expected interest rates after future FOMC meetings. Using several 'surprises' at different horizons, timing, level, and slope components of unanticipated policy actions are defined. These three components have differing effects on asset prices that are not captured by the contemporaneous surprise measure.

Number of Pages: 36
Dimensions: 0.07 x 9.69 x 7.44 IN
Publication Date: February 06, 2013
Free shipping on all U.S. orders
Easy returns and exchanges
30 day money back guarantee