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Central-Bank Council Meetings — Event Studies

  • Martin Mandler
Chapter
  • 129 Downloads
Part of the Contributions to Economics book series (CE)

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.

Keywords

Interest Rate Option Price Event Study Market Participant Future Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2003

Authors and Affiliations

  • Martin Mandler
    • 1
  1. 1.Department of Economics and Business AdministrationUniversity of GießenGießenGermany

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