Financial Markets and ECB Monetary Policy Communication – A Second QE Surprise

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...

Full beskrivning

Sparad:
Bibliografiska uppgifter
I publikationen:MAGKS - Joint Discussion Paper Series in Economics
Huvudupphovsman: Baumgärtner, Martin
Materialtyp: Artikel
Språk:engelska
Publicerad: Philipps-Universität Marburg 2022
Ämnen:
Communication
Wirtschaft
Unconventional Monetary Policy
ECB
High-Frequency Data
Economics
Länkar:PDF-fulltext
Taggar: Lägg till en tagg
Inga taggar, Lägg till första taggen!
No abstracts were found for this record.

Liknande verk