Abstract
In this chapter we focus on the effects of individual ECB council meetings on market expectations. The results in Chapter 8 clearly show that all central-bank council meetings do not have identical effects on market expectations. A detailed investigation of individual episodes can potentially provide insights that cannot be gained from an aggregative point of view as in Chapter 8. Therefore, we present event studies in which we track the evolution of market expectations over short time periods centered on ten selected ECB council meetings.
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© 2003 Springer-Verlag Berlin Heidelberg
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Mandler, M. (2003). Central-Bank Council Meetings — Event Studies. In: Market Expectations and Option Prices. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57428-3_9
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DOI: https://doi.org/10.1007/978-3-642-57428-3_9
Publisher Name: Physica, Heidelberg
Print ISBN: 978-3-7908-0049-4
Online ISBN: 978-3-642-57428-3
eBook Packages: Springer Book Archive