Baek, Seungho; Lee, Kwan Yong - In: Cogent economics & finance 10 (2022) 1, pp. 1-12
We examine how monetary policy of the Federal Reserve System, COVID-19 mortality cases, and vaccinations are associated … volatility have a negative relationship. Finally, the monetary policy and the volatility have much stronger coherency than the … administered and a low and stable change in the effective federal funds rate. Furthermore, our results show that the monetary …