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Risk: The Case of Japan -- The Legality of Outright Monetary Transactions (OMT) of the European System of Central Banks …
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This paper empirically investigates the impact of U.S. monetary policy surprises on the volatility of stock market returns for euro area countries. More specifically, to extract the unanticipated component of the U.S. monetary policy, we follow the Kuttner's methodology and we use the federal...
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