Carlo Rosa
Titoli dell'autore
The Impact of Federal Reserve Monetary Policy
Announcements on Asset Prices: A Review
digital
Anno:
2019
This paper examines the evolution of the financial market impact of Federal Reserve monetary policy announcements. I begin by describing the changes in Federal Open Market Committee (FOMC) communication practices, especially during and after the recent financial crisis. Then, I discuss the financial market effects of three types of monetary policy announcements: decisions about the current level of the federal funds target rate, forward guidance about the future path of the federal funds rate, and announcements about future large-scale asset purchases...
€ 6,00
Providing Content for ECB Announcements
digital
Anno:
2007
This paper proposes a new objective methodology for analysing the verbatim transcripts of central
bank announcements. I apply a statistical method based on locally recurring word patterns, the
descending hierarchical classification algorithm, to identify the characteristic themes of the monthly
press conferences of the President of the ECB. The econometric evidence suggests that these press
conferences convey information to the public. Moreover, the reaction of market rates strongly depends
on the principal themes of the statement.
€ 6,00
Point-System Driving Licence: Was it Really Necessary?
digital
Anno:
2005
In Italy, in July 2003, a new highway code came into force. Among other things, it posits a «revolutionary
» point-system driving licence. This paper analyses optimal punishment schemes and
shows that a simpler policy intervention, such as a dynamic increase in the size of the pecuniary sanctions,
could have induced the same outcome.
€ 6,00
News
27.03.2024
Carovane a San Pellegrino Terme
La presentazione del libro di Claudio Cancelli e don Matteo Cella, venerdì 5 aprile alle 20:30.
25.03.2024
Cerco dunque credo: la presentazione in Cattolica
Venerdì 5 aprile, la presentazione del libro a cura di Rita Bichi e Paola Bignardi in Università Cattolica.
26.02.2024
I giovani in solitaria ricerca di Dio, lontani dalla Chiesa
Le giovanni donne sempre più lontane, i giovani in solitaria ricerca, il dovere degli adulti di mettersi in ascolto: Paola Bignardi racconta il libro-inchiesta "Dio, dove sei?".
26.02.2024
Il tempo dell'annuncio
Un estratto dal libro del teologo Tomáš Halík "Un tempo per piantare e un tempo per sradicare. Quaresima e Pasqua di un'epoca inquieta".