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Reactions of euro area government yields to Covid-19 related policy measure announcements by the European Commission and the European Central Bank

This paper evaluates the impact of announcements of Covid-19 related monetary and fiscal policy measures by the European Central Bank and the European Commission. Applying an event study, we find that the announcements predominantly affect the government bond yields of more solvent countries such as...

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Detalles Bibliográficos
Autores principales: Fendel, Ralf, Neugebauer, Frederik, Zimmermann, Lilli
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8450753/
https://www.ncbi.nlm.nih.gov/pubmed/34566531
http://dx.doi.org/10.1016/j.frl.2020.101917