The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models

Refet S. Gürkaynak; Brian Sack; Eric T. Swanson

doi:10.1257/0002828053828446

American Economic Review Vol. 95 No. 1 2005

The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models

Refet S. Gürkaynak¹; Brian Sack²; Eric T. Swanson³

¹ Division of Monetary Affairs, Federal Reserve Board, and Department of Economics, Bilkent University, 06800 Ankara, Turkey. · ² Macroeconomic Advisers, LLC, 1776 I St., NW, Washington, DC 20006. · ³ Division of Monetary Affairs, Federal Reserve Board, Washington, DC 20551.

Abstract

The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models by Refet S. Gürkaynak, Brian Sack and Eric Swanson. Published in volume 95, issue 1, pages 425-436 of American Economic Review, March 2005

DOI: 10.1257/0002828053828446
Volume: 95
Issue: 1
Pages: 425-436
Language: en
Sources: bibtex:phds-export.bib openalex crossref

The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models

Abstract

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