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RePEcAsset Pricing & Factors

Risk Appetite and Monetary Transmission

The research shows Fed policy affects risk asset prices primarily through risk appetite shifts, not interest rates; transmission via risk appetite dwarfs rate-channel effects.

Featured in No. 134 on 9 Oct 2026 · 4 days after release

Rolling regression of RISK on MPS
Figure 4. Rolling regression of RISK on MPS
Released
5 Oct 2026
First featured
No. 134 · 9 Oct 2026
Published in
Not yet, as far as Semantic Scholar knows
Fanfare
4 of 5
Identifier
RePEc:fip:fedfwp:103796
Authors
Michael D. Bauer et al.

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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