Since 2014
Herding Behaviour of Central Banks: Following the Fed and ECB
European Journal of Business Science and Technology
View Archive Info| Field | Value | |
| Title |
Herding Behaviour of Central Banks: Following the Fed and ECB
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| Creator |
Bureš, Jakub
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| Description |
I apply interest rate rules, especially the Taylor rule, to identify basic determinants of the central banks' decision-making process. The results confirmed herding behaviour related to the central bank financial assets and its economic power in the US and Eurozone. The conclusions are discussed in relation to the exchange rate movements and capital flows. The empirical strategy reflects different lag structure and employs autoregressive distributed lag models.
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| Publisher |
Mendel University in Brno
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| Date |
2017-11-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
application/msword |
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| Identifier |
https://journal.ejobsat.cz/index.php/ejobsat/article/view/63
10.11118/ejobsat.v3i1.63 |
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| Source |
European Journal of Business Science and Technology; Vol 3 No 1 (2017); pp. 21–28
2694-7161 2336-6494 |
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| Language |
eng
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| Relation |
https://journal.ejobsat.cz/index.php/ejobsat/article/view/63/pdf_32
https://journal.ejobsat.cz/index.php/ejobsat/article/view/63/132 |
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| Rights |
Copyright (c) 2017 European Journal of Business Science and Technology
http://creativecommons.org/licenses/by-sa/4.0 |
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