A0738
Title: The macroeconomic impact of unexpected data releases
Authors: Ana Beatriz Galvao - Bloomberg Economics (United Kingdom) [presenting]
Abstract: Key macroeconomic data announcements demand abnormal compensation for risk. The aim is to investigate whether the market reaction to data surprises can be explained by their contribution to improving our understanding of the current and future state of the economy. It also examines whether the market reaction plays a role in the transmission of structural macroeconomic shocks.
