Showing 1 - 10 of 111
The rise of bond financing in EuropeUsing large panel data of public and private firms, this paper dissects the growth of bond financing in the Euro Area through the lens of the cross-section of issuers. In recent years, the composition of bond issuers has shifted, with the entry of many smaller...
Persistent link: https://www.econbiz.de/10013198743
Persistent link: https://www.econbiz.de/10001820903
Persistent link: https://www.econbiz.de/10001735712
Persistent link: https://www.econbiz.de/10001670906
Persistent link: https://www.econbiz.de/10001792749
Persistent link: https://www.econbiz.de/10002554857
The paper assesses the communication strategies of the Federal Reserve, the Bank of England and the European Central Bank and their effectiveness. We find that the effectiveness of communication is not independent from the decisionmaking process in the committee. The paper shows that the Federal...
Persistent link: https://www.econbiz.de/10003014292
The paper evaluates the ability of market participants to anticipate monetary policy decisions in the euro area and in 13 other countries. First, by looking at the magnitude and the volatility of the changes in the money market rates we show that the days of policy meetings are special days for...
Persistent link: https://www.econbiz.de/10003023488
Persistent link: https://www.econbiz.de/10002124894
Persistent link: https://www.econbiz.de/10002125149