This paper analyses the determinants and effects of ECB interventions in times of severe distress. We focus on the … ECB bought. We then explore the short-term effects of ECB purchases at the bond-level. The results show a large impact of … the interventions on the targeted instruments. Bonds bought by the ECB see a much steeper drop in yields than those not …

This paper analyses the determinants and effects of ECB interventions in times of severe distress. We focus on the … ECB bought. We then explore the short-term effects of ECB purchases at the bond-level. The results show a large impact of … the interventions on the targeted instruments. Bonds bought by the ECB see a much steeper drop in yields than those not …

This paper analyses the determinants and effects of ECB interventions in times of severe distress. We focus on the … ECB bought. We then explore the short-term effects of ECB purchases at the bond-level. The results show a large impact of … the interventions on the targeted instruments. Bonds bought by the ECB see a much steeper drop in yields than those not …

This paper analyses the determinants and effects of ECB interventions in times of severe distress. We focus on the … ECB bought. We then explore the short-term effects of ECB purchases at the bond-level. The results show a large impact of … the interventions on the targeted instruments. Bonds bought by the ECB see a much steeper drop in yields than those not …

This paper studies the effects of government guarantees on the interconnection between banking and sovereign debt …

European Central Bank's (ECB's) announcement of its Outright Monetary Transactions (OMT) program in 2012. At the same time … leads to an unequal transmission of the ECB's monetary policy to the various countries. …The paper analyzes the integration of euro area sovereign bond markets during the European sovereign debt crisis. It …

European Central Bank’s (ECB’s) announcement of its Outright Monetary Transactions (OMT) program in 2012. At the same time … leads to an unequal transmission of the ECB’s monetary policy to the various countries. …The paper analyzes the integration of euro area sovereign bond markets during the European sovereign debt crisis. It …

European Central Bank’s (ECB’s) announcement of its Outright Monetary Transactions (OMT) program in 2012. At the same time … leads to an unequal transmission of the ECB’s monetary policy to the various countries. …The paper analyzes the integration of euro area sovereign bond markets during the European sovereign debt crisis. It …