Masciandaro, Donato; Romelli, Davide; Rubera, Gaia - 2023
-time window around the release of policy decisions of three major central banks, namely the ECB, the US Fed and the Bank of … that large differences in similarity are associated with a higher stock market and sovereign yield volatility, particularly … around ECB press conferences. Our results also show a strong link between changes in similarity and asset price returns for …