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This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up the euro have not …
Persistent link: https://www.econbiz.de/10011507830
Persistent link: https://www.econbiz.de/10000897698
This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to 'talk up' the euro have …
Persistent link: https://www.econbiz.de/10001753630
This paper reports the results of a survey among private sector economists about credibility and transparency of central banks. In line with the survey of Alan Blinder among central bankers, we asked participants in Ifo's World Economic Survey to answer questions on the importance and...
Persistent link: https://www.econbiz.de/10002175358
European Central Bank (ECB) intervened promptly and massively to attempt to maintain liquidity in the money market, it has been …
Persistent link: https://www.econbiz.de/10003983135
Persistent link: https://www.econbiz.de/10012606906
Persistent link: https://www.econbiz.de/10012619422
Persistent link: https://www.econbiz.de/10013422851
Persistent link: https://www.econbiz.de/10013479345
Persistent link: https://www.econbiz.de/10013480089