Abstract
Responses of stock prices to monetary announcements in Israel are examined. Only the unexpected part of monetary injection announcements are found to have a significant impact on stock prices. Unlike findings for the U.S., this impact is positive.
Original language | English |
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Pages (from-to) | 377-381 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 20 |
Issue number | 4 |
DOIs | |
State | Published - 1986 |