unconventional monetary policy shields the Eurozone stock markets against spillovers of volatility from the US stock market. We … volatility of four Eurozone stock indices (CAC40, DAX30, FTSEMIB and IBEX35), we find how the increase in volatility brought …In a context characterized by an increasing integration among financial markets, we aim to analyze whether the ECB …

This paper studies the effects of ECB communications about unconventional monetary policy operations on the perceived … classified with respect to the specific ECB program. The empirical results are derived from both an event-study analysis and a … that the ECB announcements about unconventional monetary policies substantially reduced Italian long-term government bond …