This paper uses event study analysis to estimate the impact of the United States Federal Reserve Bank’s (Fed …) quantitative easing (QE) announcements on the mortgage market during the zero lower bound (ZLB) period. A total of 35 QE …-year mortgage rate, the 30-year Treasury rate and the spread between them. Announcements suggesting the start of a new …

This paper reviews the market reaction to bank rescue packages announced in six countries between October 2008 and … shareholders as seen in the movement of bank stock prices. Government interventions benefited creditors at the expense of … shareholders, with bank CDS spreads narrowing around the announcements in all cases. Despite a brief positive reaction, bank stock …

during the 00's What are the effects of introducing interest-only, flexible-rate mortgage contracts and a tax-freeze on … financial frictions, and the coexistence of flexible-, fixed-rate and interest-only mortgage contracts. I find that the … introduction and the adoption of flexible-rate and interest-only mortgage contracts together with a freeze of taxation of the …