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This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We find that the Bundesbank has dominated the news...
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This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We find that the Bundesbank has dominated the news...
Persistent link: https://www.econbiz.de/10001753630
Persistent link: https://www.econbiz.de/10013432325
einheitliche europäische Geldpolitik übernahm. Neben der Klärung der grundsätzlichen Frage, ob die einzelnen geldpolitischen …
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