Let's Twist Again: A High-Frequency Event-Study Analysis of Operation Twist and Its Implications for...
Let's Twist Again: A High-Frequency Event-Study Analysis of Operation Twist and Its Implications for QE2 [with Comments and Discussion]
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Brookings Institution
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Language
English
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Brookings Institution
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Contents
This paper undertakes a modern event-study analysis of Operation Twist and uses its estimated effects to assess what should be expected for the recent policy of quantitative easing by the Federal Reserve, dubbed "QE2." The paper first shows that Operation Twist and QE2 are similar in magnitude. It then identifies six significant, discrete announcem...
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Full title
Let's Twist Again: A High-Frequency Event-Study Analysis of Operation Twist and Its Implications for QE2 [with Comments and Discussion]
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TN_cdi_proquest_miscellaneous_1018341697
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1018341697
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ISSN
0007-2303,1533-4465
E-ISSN
1533-4465
DOI
10.1353/eca.2011.0006
