Papadamou, Stephanos; Sidiropoulos, Moise; Tzeremes, … - In: Credit and Capital Markets – Kredit und Kapital 50 (2017) 1, pp. 63-83
This study investigates whether any non-linear relationship exists between central bank transparency and stock market … variability in a non-parametric framework for a large number of countries. Our findings imply that a high level of transparency … effect of transparency on stock volatility is clearer when we move from low levels towards higher levels of transparency …