TY - JOUR
T1 - Announcements credibility and government securities
T2 - evidence from Colombia
AU - Galvis Ciro, Juan Camilo
AU - Anzoátegui Zapata, Juan Camilo
N1 - Publisher Copyright:
© 2017 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2018/2/23
Y1 - 2018/2/23
N2 - This article evaluates the effect of central bank announcements on government securities yields in emerging economy. In particular, based on the Colombian experience, we present empirical evidence to address the effect of credibility scenario in which the central bank announcements are made. The findings denote that credibility performance must be taken into account to verify the impact of monetary policy announcements.
AB - This article evaluates the effect of central bank announcements on government securities yields in emerging economy. In particular, based on the Colombian experience, we present empirical evidence to address the effect of credibility scenario in which the central bank announcements are made. The findings denote that credibility performance must be taken into account to verify the impact of monetary policy announcements.
KW - Central bank announcements
KW - credibility
KW - government securities
UR - http://www.scopus.com/inward/record.url?scp=85017658971&partnerID=8YFLogxK
U2 - 10.1080/13504851.2017.1319547
DO - 10.1080/13504851.2017.1319547
M3 - Artículo en revista científica indexada
AN - SCOPUS:85017658971
SN - 1350-4851
VL - 25
SP - 278
EP - 282
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 4
ER -