Aggregate earnings surprises, monetary policy, and stock returns
This paper examines whether the negative association between aggregate earnings and returns is explained by the monetary policy news in aggregate earnings. Using Federal funds futures data to construct a measure of policy news, we find that aggregate earnings convey information about the Fed׳s polic...
Saved in:
| Main Authors: | , , |
|---|---|
| 格式: | text |
| 語言: | English |
| 出版: |
Institutional Knowledge at Singapore Management University
2016
|
| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/soa_research/1513 https://ink.library.smu.edu.sg/context/soa_research/article/2540/viewcontent/AggregateEarningsStockReturns_2016.pdf |
| 標簽: |
添加標簽
沒有標簽, 成為第一個標記此記錄!
|