, dampen share price volatility. Yet, consultants and influential institutions strongly urge managers to cease guidance … — citing a lack of evidence that guidance curbs volatility. Furthermore, recent research links guidance to increased volatility … paper, we consider the interplay between guidance and volatility, focusing on guidance bundled with quarterly earnings …

unconventional monetary policy shields the Eurozone stock markets against spillovers of volatility from the US stock market. We … of volatility from the S&P500 index, on the one hand, and the announcement and implementation effects of unconventional … volatility of four Eurozone stock indices (CAC40, DAX30, FTSEMIB and IBEX35), we find how the increase in volatility brought …

This paper studies the effects of FOMC communication on U.S. financial markets’ returns and volatility using a GARCH … and volatility is larger if the communication channel is more formal. However, since speeches happen much more often than …