Owyang, Michael T. (contributor); … - 2003 - [Elektronische Ressource]
Treasury rate and a commodity
price index.
t
z
10
Also, the only policy instrument in is the federal funds rate (FFR … price index return to their initial levels after three and five years, respectively.
The results for the two split samples … contractionary shock
to the funds rate is reversed after about ten quarters, while the 10-year Treasury rate and the
commodity …