Monetary policy surprises and interest rates
Evidence from the Fed funds futures market
Bibliographic Data
| ID | 23364657 |
|---|---|
| Authors | Kenneth N Kuttner (0009-0005-3322-0055, Federal Reserve Bank of New York, corresponding author) |
| Year | 2001 |
| Volume | 47 |
| Issue | 3 |
| Pages | 523-544 |
| Publication date | 2001-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Monetary Economics (JOURNAL) |
| Journal identifiers | ISSN: 0304-3932 • E-ISSN: 1873-1295 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/s0304-3932(01)00055-1 |
| OpenAlex | W3124933125 |
| Language | EN |
| Citations received | 75 |
| References cited | 8 |
Economics · Empirical evidence · Federal funds · Financial economics · Futures contract · Futures market · Interest rate · Monetary economics · Monetary policy · Surprise · Yield curve · Fiscal Policies and Political Economy · Market Dynamics and Volatility · Monetary Policy and Economic Impact
Dynamic Censored Regression and the Open Market Desk Reaction Function
Transparency and Deliberation Within the Fomc
Monetary Policy Surprises, Credit Costs, and Economic Activity
High-Frequency Identification of Monetary Non-Neutrality
Non-Linearities, State-Dependent Prices and the Transmission Mechanism of Monetary Policy
Political Risk, Populism and the Economy
Financial Intermediaries and the Macroeconomy
Household Debt and Monetary Policy
Market-Based Monetary Policy Uncertainty
Identifying Uncertainty Shocks Using the Price of Gold
Monetary Policy Alternatives at the Zero Bound
Quantitative Methods in Finance
A Shadow Rate Without a Lower Bound Constraint
Monetary policy surprises and exchange rate pass-through
Monetary Policy Shocks and Exchange Rate Dynamics in Small Open Economies
Revisiting the effects of conventional and unconventional monetary policies
Revisiting the Dynamic Impact of Asset Purchases
High‐Frequency Instruments With Time‐Varying Reliability
On the time-varying effects of the ECB’s asset purchases
The impact of non-banking financial institutions on monetary policy transmission in Euro area
Measuring monetary policy shocks and their effects in an emerging economy
Monetary Policy and Corporate Debt Structure
A Guide to Autoregressive Distributed Lag Models for Impulse Response Estimations
Do Fed Forecast Errors Matter
The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
Market Volatility, Monetary Policy and the Term Premium
The Impact of Uncertainty Shocks
Time‐Varying Dynamics of the German Business Cycle
State‐Dependent Exchange Rate Pass‐Through
Backtracking through interventions
The roadmap of interest rate liberalisation in China
Monetary policy shocks and their effects across the wealth distribution
Monetary policy and anxious presidents
Monetary Policy, Open Market Operations and New Zealand Interest-Rate and Exchange-Rate Markets
Canadian Shadow Banks and Monetary Policy Effectiveness
The quest for economic stability
The Fed and the Stock Market
Semiparametric Estimates of Monetary Policy Effects
The Role of Jumps in Volatility Spillovers in Foreign Exchange Markets
Market-Based Measures of Monetary Policy Expectations
Convergence and Anchoring of Yield Curves in the Euro Area
Testing the Dimensionality of Policy Shocks
The Time-Varying Effect of Monetary Policy on Asset Prices
The Effect of Fomc Votes on Financial Markets
The transmission of forward guidance in Japan
Uncovering the Financial Effects of the Exchange Rate Regime Transition in Egypt
Talking Less and Moving the Market More
Can central bank communication help to stabilise inflation expectations
Bond Yields and the Federal Reserve
Unbundling Quantitative Easing
The Transmission of Monetary Policy under the Microscope
Q -Monetary Transmission
A Model of the Federal Funds Rate Target
Instrumental Variable Identification of Dynamic Variance Decompositions
The Impact of Monetary Policy Shocks on Corporate Dynamic Investment Activity With Financial Heterogeneity
Stock returns of federal reserve officials
Efectos de la política monetaria con metas de inflación en los retornos del mercado bursátil
Efectos de los anuncios de política monetaria sobre la volatilidad de la tasa de cambio
Surpresas com relação à política monetária e o mercado de capitais
Did monetary policy matter? Narrative evidence from the classical gold standard
The Validity of the Event-study Approach
Debt, deficits and interest rates
Does the Federal Reserve have Private Information about its Future Actions
Monetary policy communication shocks and the macroeconomy
Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments
Unexpected Supply Effects of Quantitative Easing and Tightening
What Lies Beneath? A Time-varying Favar Model for the UK Transmission Mechanism
Market Set‐up in Advance of Federal Reserve Policy Rate Decisions
What does Monetary Policy do to Long‐term Interest Rates at the Zero Lower Bound
Financial and Capital Markets’ Responses to Changes in the Central Bank’s Target Interest Rate
Equal Size, Equal Role? Interest Rate Interdependence Between the Euro area and the United States
Monetary policy shocks and the signaling channel of monetary policy in China
Linear versus non‐linear modelling
On DSGE Models
Outside the Box
| Unique citing works | 75 |
|---|---|
| Citations per year | 3,13 |
| Citation span | 2002 - 2026 (25) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 73 |