International Effects of Euro Area Forward Guidance

In this paper, we investigate the international effects of euro rate forward guidance (FG) and compare them to spillovers from a conventional monetary policy shock (MP). We identify the forward guidance shock via a combination of zero and sign restrictions that use the relationship between expectati...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Oxford bulletin of economics and statistics 2021-10, Vol.83 (5), p.1066-1110
Hauptverfasser:	Böck, Maximilian, Feldkircher, Martin, Siklos, Pierre L.
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic crisis Equity Euro Expectations Inflation International finance Monetary policy Spillover effect
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!