COVID-19 and market expectations: Evidence from option-implied densities
Sign Up to like & getrecommendations! Published in 2020 at "Economics Letters"
DOI: 10.1016/j.econlet.2020.109441
Abstract: Abstract We compare risk-neutral densities from equity index options across several countries during the early phase of the COVID-19 pandemic. The initial reaction in all analyzed markets was late, abrupt and simultaneous. Only a few… read more here.
Keywords: implied densities; covid market; market expectations; evidence option ... See more keywords
Comments on “Monetary policy announcements and expectations: Evidence from German firms”
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Monetary Economics"
DOI: 10.1016/j.jmoneco.2019.09.003
Abstract: Abstract Enders et al. (2019b) find that small expansionary monetary policy surprises lead to increases in firms’ price and production expectations; vice versa for small contractionary monetary surprises. For larger monetary surprises of either direction, the reaction of… read more here.
Keywords: policy; monetary policy; announcements expectations; comments monetary ... See more keywords
Political Attitudes and Inflation Expectations: Evidence and Implications
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DOI: 10.1111/jmcb.12797
Abstract: We show that for the United States and Australia consumers expect significantly lower inflation when the political party they support holds executive office. This finding cannot be explained by previously documented sources of heterogeneity in… read more here.
Keywords: evidence implications; attitudes inflation; inflation; inflation expectations ... See more keywords