Financial Markets and ECB Monetary Policy Communication – A Second QE Surprise
This paper shows that a different communication style of the European Central Bank (ECB) affects stock prices differently. A break in the ECB’s communication from 2016 onwards makes it necessary to adjust the identification of monetary policy surprises in the euro area. By modifying the high-frequen...
-д хадгалсан:
-д хэвлэсэн: | MAGKS - Joint Discussion Paper Series in Economics |
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Үндсэн зохиолч: | |
Формат: | Өгүүллэг |
Хэл сонгох: | англи |
Хэвлэсэн: |
Philipps-Universität Marburg
2022
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Нөхцлүүд: | |
Онлайн хандалт: | PDF-н бүрэн текст |
Шошгууд: |
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