Monetary announcements and stock prices in Israel

Leonardo Leiderman*, Edward K. Offenbacher

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

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 languageEnglish
Pages (from-to)377-381
Number of pages5
JournalEconomics Letters
Volume20
Issue number4
DOIs
StatePublished - 1986

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