Showing 1 - 10 of 8,618
This paper analyses the impact of the Covid-19 pandemic on the degree of persistence of European stock markets …. Specifically, it uses fractional integration methods to estimate persistence at the daily, weekly and monthly frequencies in the … not been any significant impact of the Covid-19 pandemic on the degree of persistence of the European stock market indices …
Persistent link: https://www.econbiz.de/10012653308
inflation persistence in both the euro zone and the European Union as a whole (EU27). For this purpose a fractional integration … evidence of a significant increase in inflation persistence (especially in the case of the EU27, for which in addition to jumps …
Persistent link: https://www.econbiz.de/10013440452
Persistent link: https://www.econbiz.de/10013162799
An increasing body of recent literature focuses on how stock market investor sentiment fluctuates during the pandemic. However, a topic insufficiently addressed is related to investigating the changes occurred in the economic sentiment and expectations during COVID-19 pandemic, as a broader...
Persistent link: https://www.econbiz.de/10012939972
Persistent link: https://www.econbiz.de/10012817690
We identify a novel dimension of monetary policy from high-frequency changes in asset prices around ECB policy events, orthogonal to surprises extracted from risk-free interest rates. We find that it is present in policy events that were interpreted by real-time market commentaries as containing...
Persistent link: https://www.econbiz.de/10012818740
Persistent link: https://www.econbiz.de/10012821123
This study explores the responses to the COVID-19 pandemic by the Bank of Central African States (BEAC), which is the central bank for countries in the Central African Economic and Monetary Community (CEMAC), that is, Cameroon, Chad, Gabon, Equatorial Guinea, Central African Republic, and the...
Persistent link: https://www.econbiz.de/10012798293
Persistent link: https://www.econbiz.de/10012798881
In 2020, the extensive consequences of the COVID-19 crisis placed social protection even more squarely at the centre of attention. As the health, economic and social impacts of COVID-19 echoed all over the world, social protection programmes were urgently developed, adapted, or extended to...
Persistent link: https://www.econbiz.de/10012548444