The Fed and short-term rates: is it open market operations, open mouth operations or interest rate smoothing?

Article Abstract:

The Federal Reserve has implemented monetary policy, which targeted short-term interest rates since the mid 1970. The extent of liquidity effect or interest rate smoothing responsible for change in market rates, the open market operations and the open mouth operations are investigated.

Author: Thomton, Daniel L.
United States, United States. Federal Reserve Board, Powers and duties, Open economy

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A new measure of cross-sectional risk and its empirical implications for portfolio risk management

Article Abstract:

Usage of factor analysis for development of empirical model for periodical evaluation of market risk, as part of risk management based on interest rates, is described.

Author: Galluccio, Stefano, Roncoroni, Andrea
United Kingdom, France, Asset & Risk Management, Methods, Usage, Evaluation, Investments, Risk management, Statistical methods

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A note on the expectations hypothesis at the founding of the Fed

Article Abstract:

An analysis of Mankiw and MironEs hypothesis regarding predictive power for short-term interest rates before the FedEs founding is furnished.

Author: Thornton, Daniel L., Kool, Clemens J.M.
Analysis, Global economy

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Subjects list: Forecasts and trends, Interest rates, Market trend/market analysis
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