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...

全面介紹

Gespeichert in:
書目詳細資料
發表在:MAGKS - Joint Discussion Paper Series in Economics
主要作者: Baumgärtner, Martin
格式: Artikel
語言:英语
出版: Philipps-Universität Marburg 2022
主題:
在線閱讀:PDF-Volltext
標簽: 添加標簽
沒有標簽, 成為第一個標記此記錄!