Quantitative Tightening and Slow-Moving Capital
The paper studies changes in investor behavior during quantitative tightening, indicating that investors adjust their portfolios at different rates, and forecasts an overshooting pattern when the central bank stops its bond purchase due to slow adjustment by long-term investors.
Featured in No. 59 on 31 Jul 2024 · 30 days after release
- Released
- 1 Jul 2024
- First featured
- No. 59 · 31 Jul 2024
- Published in
- Not yet, as far as Semantic Scholar knows
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- 2
- Identifier
- SSRN 4908569
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).