ECB Unconventional Monetary Policy: Market Impact and International Spillovers
ECB Unconventional Monetary Policy: Market Impact and International Spillovers
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London: Palgrave Macmillan
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Language
English
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London: Palgrave Macmillan
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This paper assesses the financial market impact of ECB unconventional monetary policy between 2007 and 2012. The paper looks at a broad range of asset prices and portfolio flows in the euro area and globally, using data at daily frequency. It finds that ECB policies boosted equity prices and lowered bond market fragmentation in the euro area. Spill...
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ECB Unconventional Monetary Policy: Market Impact and International Spillovers
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TN_cdi_proquest_journals_1788149478
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1788149478
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ISSN
2041-4161
E-ISSN
2041-417X
DOI
10.1057/imfer.2016.5