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multiple structural changes, we document that both volatilities decreased around the time Banco de México started the …
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multiple structural changes, we document that both volatilities decreased around the time Banco de Mexico started the …
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The dynamic effects of ECB announcements, disentangled into pure monetary policy and central bank information shocks, on the euro (EUR) exchange rate are examined using a Bayesian Proxy Vector Autoregressive (VAR) model fed with high-frequency data. Contractionary monetary policy shocks result...
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