. It shows that similar press releases generate less market volatility, but that more substantial textual changes after a … sequence of very similar statements lead to much larger volatility. …

control money market rates. An averaging provision reduces the use of standing facilities and interest rates volatility in all … in volatility and use of standing facilities disappear. The paper also compares two different liquidity supply policies …

. It shows that similar press releases generate less market volatility, but that more substantial textual changes after a … sequence of very similar statements lead to much larger volatility …

This paper documents that ECB announcements increase the stock market volatility in the euro area (EA) on the same day …. I consider two volatility measures from January 1998 to May 2019. First, a realized volatility measure uses intraday … data for 8 different stock market indices. Second, a range measure approximates volatility using daily prices from 11 …

particular, the non-parametric estimator of these densities, which is based on fitting implied volatility curves, is applied to …

particular, the non-parametric estimator of these densities, which is based on fitting implied volatility curves, is applied to …

for understanding this relationship. We explore the effect of volatility in the federal funds market on the expectations …. Second, we find that lower volatility in the bank funding markets market, all else equal, leads to a lower term premium and …

During the financial crisis of 2007/08 the level and volatility of interest rate spreads increased dramatically. This … paper examines how the choice of the target interest rate for monetary policy affects the volatility of inflation, the …