[PDF] Top 20 The impact of ECB’s monetary policy on Euro’s exchange rate

... fact, exchange rates can be determinant in different situations. To make the study of exchange rates clearer one might distinguish three levels affected by currency’s exchange ... See full document

... foreign policy objectives regarding target nation. The sanctions literature mostly focuses on question whether sanctions succeed their foreign policy goals or not, but not on the ... See full document

... (net of transfers) as a share of GDP; Log stock return of the S&P 500 index portfolio in excess of the 3-month Treasury bill rate; federal funds rate, ... See full document

... crisis of subprime mortgages in the United States, started in mid-2007 and intensified in the last months of 2008, after the bankruptcy of Lehman Brothers, put an end to that ... See full document

... was the risk-taking channel of monetary policy impacted by the European Central Bank’s (ECB) usage of unconventional monetary policy; and b) what is ... See full document

... After the 2010-11 sovereign debt crisis in the Economic and Monetary Union (EMU) and the significant increase of the spreads on 10-year sovereign bond yields vis-à-vis ... See full document

... analyzed the effects of unstandardized monetary ...unstandardized monetary policy, one should refer to monetary policy instruments that derive from the usual and ... See full document

... assessed the European sovereign crisis and the impact of negative macroeconomic ...When the crisis occurred, the euro area presented a low degree of fiscal and ... See full document

... Additionally, the ECB introduced the “enhanced credit support” measures (European Central Bank, 2010) and established swap lines with the Fed, in connection with the Term Auction ... See full document

... The exchange rate is a bilateral, or “bi-monetary”, phenomenon, as it concerns the price of one currency in terms of ...another. The Eurozone, the ... See full document

... since the creation of the EMS in 1979, after April 1986 there were almost no realignments of exchange-rate parities within the ...in the 5 years between January ... See full document

... events of systemic stress in financial markets, the global financial crisis of 2007 and the sovereign debt crisis of 2010, have marked the brief history of the ... See full document

... to exchange- rates, (ii) the investors may wait for the release of the firm’s performance data to perceive the effect of exchange rates on firm’s cash flows, ... See full document

... as the ratio between excess capital and the regulatory ...is the ratio of non-performing loans overdue for less than one year to total loans and CREDG is the growth rate ... See full document

... defeating the sovereign crisis, the E.A. kept on recording a poor economic performance, in a context of general deleveraging and decreasing bank ...In the last months of 2013, ... See full document

... During the first year, the inherited exchange rate policy of daily mini-devaluations was ...However, the basis for the exchange rate adjustment, as ... See full document

... functioning of the market system in the Republic of Macedonia after the independence, it was necessary to decrease the high level of ...was the main purpose ... See full document

... Despite the apparent unanimity among empiricists and econometricians, not everyone is so sanguine about ...simulate the Federal Reserve second Large-Scale Asset Purchase program (QE2) in a dynamic ... See full document

... recently, monetary policy makers had to adapt their tools in order to face the recent financial and economic ...unconventional monetary policy strategies, others than the ... See full document

... studies on the ECB's monetary policy announcements consider general stock market indices, others examine only market sectors, such as Fratianni & Marchionne (2013) which focused on ... See full document