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Büttner, David; Hayo, Bernd - 2008

fiscal news has an impact on long-term bond yields and exchange rates. News displayed prominently in our media sources has a …

Persistent link: https://www.econbiz.de/10003865756

Assessing spill-over effects of US monetary policy and macroeconomic announcements on financial markets in Argentina

Hayo, Bernd; Neuenkirch, Matthias - 2008

exchange markets’ returns and volatility over the period 1998 to 2006 using a GARCH model. Firstly, we show that both types of …

Persistent link: https://www.econbiz.de/10003865937

The impact of foreign macroeconomic news on financial markets in the Czech Republic, Hungary, and Poland

Büttner, David; Hayo, Bernd; Neuenkirch, Matthias - 2009

-month interest rates, stock market indices, exchange rates versus the euro, and the US dollar. First, foreign macroeconomic news has …

Persistent link: https://www.econbiz.de/10003849424

Domestic or U.S. news : what drives Canadian financial markets?

Hayo, Bernd; Neuenkirch, Matthias - 2009

Canadian bond, stock, and foreign exchange market returns and volatility. First, news in both categories and from both …

Persistent link: https://www.econbiz.de/10003849833

News and correlations of CEEC-3 financial markets

Büttner, David; Hayo, Bernd - 2009

, the highest correlations exist between Hungary and Poland in foreign exchange and stock markets. Short-term money markets … are rather isolated from each other. We find that the associations of CEEC-3 exchange rates versus the euro are weaker … foreign exchange and stock markets, indicating a tendency toward contagion. In searching for the origins of financial market …

Persistent link: https://www.econbiz.de/10003908157

Bank of Canada communication, media coverage, and financial market reactions

Hayo, Bernd; Neuenkirch, Matthias - 2010

We examine the impact of Bank of Canada communications and media reporting on them on Canadian (short- and medium-term) bond and stock market returns using a GARCH model. Communications are rather uniformly distributed over the sample period (1998–2006); however, media coverage is particularly...

Persistent link: https://www.econbiz.de/10003980577

Büttner, David; Hayo, Bernd - In: Applied economics 44 (2012) 31/33, pp. 4037-4053

Persistent link: https://www.econbiz.de/10009712621

Central bank communication in the financial crisis : evidence from a survey of financial market participants

Hayo, Bernd; Neuenkirch, Matthias - 2014 - This version: 9 January 2014

In this paper, we study whether central bank communication has a positive effect on market participants’ perception of central banks’ (i) credibility, (ii) unorthodox measures, and (iii) independence. We utilise a survey of more than 500 financial market participants from around the world...

Persistent link: https://www.econbiz.de/10010226327

Studying international spillovers in a New Keynesian continuous time framework with financial markets

Hayo, Bernd; Niehof, Britta - 2013 - This version September 10, 2013

In light of the recent financial and real economic crisis, it seems clear that macroeconomists need to better account for the influence of financial markets. This paper explores the consequences of treating the interaction between different financial markets, monetary policy, and the real...

Persistent link: https://www.econbiz.de/10010126892

Self-monitoring or reliance on newswire services : how do financial market participants process central bank news?

Hayo, Bernd; Neuenkirch, Matthias - 2014 - This version: 26 March 2014

We study how financial market participants process news from four major central banks - the Bank of England (BoE), the Bank of Japan (BoJ), the European Central Bank (ECB), and the Federal Reserve (Fed), using a novel survey of 450 financial market participants from around the world. Our results...

Persistent link: https://www.econbiz.de/10010336192