Gravity Among Central Bank Balance Sheets: Monetary Policy Spill-Over on FX Volatility

Following the subprime crisis, most of the European central banks implemented several unconventional monetary instruments. As a result of the late quantitative easing, there was a shift from stimulating lending to the immediate stimulation of the securities market in the monetary policy of the Euro...

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Bibliographic Details
Main Authors: Gábor Dávid Kiss, Mercédesz Mészáros
Format: Article
Language:English
Published: SGH Warsaw School of Economics, Collegium of Economic Analysis 2020-01-01
Series:Econometric Research in Finance
Online Access:https://erfin.org/journal/index.php/erfin/article/view/78