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Chapter 1 – Introduction -- Chapter 2 – The literature on monetary policy implementation -- Chapter 3 – The operational framework of monetary policy: a simple model -- Chapter 4 – The European Central Bank: twenty-five years of single monetary policy in the euro area -- Chapter 5 – The...
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We study the impact of ECB's supervisory announcements on the Bank Stock index, from 2013 through 2017. Our evidence shows that the news, related to supervisory actions, do have highly significant effects on the market price of banks, contributing to the volatility of the Bank Stock Index for...
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