Browsing Norges Banks vitenarkiv by Subject "stock market"
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Does Monetary Policy React to Asset Prices? Some International Evidence
(Working Papers;7/2008, Working paper, 2008)This paper attempts to measure the reaction of monetary policy to the stock market. We apply the procedure of Rigobon and Sack (2003) to identify and estimate a VAR in the presence of heteroskedasticity. This procedure ... -
Has the Fed Responded to House and Stock Prices? : a Time-Varying Analysis
(Working Papers;1/2017, Working paper, 2017)In this paper we use a structural VAR model with time-varying parameters and stochastic volatility to investigate whether the Federal Reserve has responded systematically to asset prices and whether this response has changed ... -
Oil Price Shocks and Stock Market Booms in an Oil Exporting Country
(Working Papers;16/2008, Working paper, 2008)This paper analyses the effects of oil price shocks on stock returns in Norway, an oil exporting country, highlighting the transmission channels of oil prices for macroeconomic behaviour. To capture the interaction between ...