This paper investigates the effect of European monetary policies on Eurozone countries' sovereign risks. We control for interdependencies across individual variables within and across countries using a global VAR specification weighting transmission by their fiscal position. We find evidence of...

We study the effects of unexpected changes in the stance of monetary policy on mutual fund performance and allocation decisions over the recent period of unconventional U.S. monetary policy. Taking an agnostic approach on the transmission mechanism of monetary policy on mutual fund investing, we...

We study the links between unexpected changes in the stance of monetary policy and mutual fund performance and flows using data over the 2000–17 period. We find that monetary policy shocks, through their direct effect on asset prices, can have an impact on mutual fund returns and flow...