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...
Zapisane w:
Wydane w: | MAGKS - Joint Discussion Paper Series in Economics |
---|---|
1. autor: | |
Format: | Artykuł |
Język: | angielski |
Wydane: |
Philipps-Universität Marburg
2022
|
Hasła przedmiotowe: | |
Dostęp online: | PDF pełnotekstowe |
Etykiety: |
Dodaj etykietę
Nie ma etykietki, Dołącz pierwszą etykiete!
|
No abstracts were found for this record.