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- W3094331782 abstract "The news about the economy contained in a central bank announcement can affect public expectations. This paper shows, using both event studies and vector autoregressions, that such central bank information effects are an important channel of the transatlantic spillover of monetary policy. They account for a part of the co-movement of German and US government bond yields around Fed policy announcements, and for most of this co-movement around ECB policy announcements, explaining the puzzling responses of US variables. JEL Classification: E52, F31, F42" @default.
- W3094331782 created "2020-10-29" @default.
- W3094331782 creator A5033464013 @default.
- W3094331782 date "2020-01-01" @default.
- W3094331782 modified "2023-09-27" @default.
- W3094331782 title "Central bank information effects and transatlantic spillovers" @default.
- W3094331782 doi "https://doi.org/10.2866/881763" @default.
- W3094331782 hasPublicationYear "2020" @default.
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