The Impact of Unconventional Monetary Policies on European Financial Markets

Project Start:02/2016
Status:Completed
Researchers:Massimiliano Caporin, Xu Liu, Loriana Pelizzon, Alberto Plazzi, Max Riedel
Category: Financial Markets, Macro Finance
Funded by:Volkswagen Stiftung

This project focuses on the impact of such policy interventions and its reversal on the prices for equity, sovereign bonds, and corporate bonds. The analysis allows for comparison not only between these countries, but also between the EU and the US. The main empirical problem in this context is to conduct a natural experiment that can serve as basis for comparison of QE with non-QE periods or of periods when different monetary policy instruments were applied.

Related Working Papers

No.Author/sTitleYearProgram AreaKeywords
275Loriana Pelizzon, Max Riedel, Zorka Simon, Marti SubrahmanyamCollateral Eligibility of Corporate Debt in the Eurosystem2020 Financial Markets, Macro Finance
276Massimiliano Caporin, Loriana Pelizzon, Alberto PlazziDoes Monetary Policy Impact International Market Co-Movements?2020 Financial Markets, Macro Finance
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