Similar Search Results

A new database on financial development and structure

Beck, Thorsten; Demirgüç-Kunt, Asli; Levine, Ross - 1999

Persistent link: https://www.econbiz.de/10001408896

Complexity of ECB communication and financial market trading

Hayo, Bernd; Henseler, Kai; Rapp, Marc Steffen - 2019

We examine howthe verbal complexity of ECB communications affectsfi-nancial market trading based on high-frequency data fromEuropean stock index futures trading. Studying the 34 events between May 2009 and June 2017, during which the ECB Governing Council press conferences covered unconventional...

Persistent link: https://www.econbiz.de/10012039675

The transmission of shocks in endogenous financial networks : a structural approach

Heipertz, Jonas; Ouazad, Amine; Rancière, Romain - 2019

Persistent link: https://www.econbiz.de/10012061302

Exchange rate volatility and productivity growth : the role of financial development

Aghion, Philippe; Bacchetta, Philippe; Rancière, Romain; … - 2006

This paper offers empirical evidence that real exchange rate volatility can have a signi.cant impact on the long … with relatively low levels of financial development, exchange rate volatility generally reduces growth, whereas for … the years 1960-2000; our results appear robust to time window, alternative measures of financial development and exchange …

Persistent link: https://www.econbiz.de/10011397245

Nascent markets : understanding the success and failure of new stock markets

Sousa, Jose Albuquerque de; Beck, Thorsten; Bergeijk, … - 2016

Persistent link: https://www.econbiz.de/10011586675

Market frictions, arbitrage, and the capitalization of amenities

Ouazad, Amine; Rancière, Romain - 2019

Persistent link: https://www.econbiz.de/10012151305

Financial development, growth, and crisis : is there a trade-off?

Loayza, Norman; Ouazad, Amine; Rancière, Romain - 2017

Persistent link: https://www.econbiz.de/10011761136

Financial development, growth, and crisis : is there a trade-off?

Loayza, Norman; Ouazad, Amine; Rancière, Romain - 2018

Persistent link: https://www.econbiz.de/10011844693

Analysis of monetary policy responses after financial market crises in a continuous time new Keynesian model : conference paper

Hayo, Bernd; Niehof, Britta - 2014 - Preliminary draft

We develop a dynamic stochastic full equilibrium New Keynesian model of two open economies based on stochastic differential equations to analyse the interdependence between monetary policy and financial markets in the context of the recent financial crisis. The effect of bubbles on stock and...

Persistent link: https://www.econbiz.de/10010484315

Central banks' predictability : an assessment by financial market participants

Hayo, Bernd; Neuenkirch, Matthias - 2016 - This version: 3 April 2016

In this paper, we examine the relationship between market participants' perception of central bank predictability and their assessment of central bank communication skills and success in conveying objectives as well as the importance of transparency-enhancing measures, such as voting records,...

Persistent link: https://www.econbiz.de/10011447433