Extrait
Table of Content
List of figures and tables
1. Introduction
2. How do markets react to macro news?
2.1. What is news and how does it affect the mean and volatility of exchange rates?
2.2. Velocity of news absorption
2.3. Context of news: What impact does it have?
2.4. Asymmetric reaction to news
3. Central Banks
3.1. Why are Central Banks and especially the ECB of special academic interest?
3.2. How can we classify the existing research in the ECB-field?
3.3. What can central banks achieve by communication?
4. Empirical Evidence for exchange rate communication efficiency
4.1. Which existing papers have similar empirical focus?
4.2. How do existing papers measure communication?
4.3. What econometric methodology has been used?
4.4. What effects could the existing research discover?
4.5. What do those results mean for the actions of the ECB?
5. Own empirical findings
5.1. Data sources
5.2. Which is the most appropriate regression?
5.3. Why could lag specification be helpful?
5.4. What is the economic reasoning behind the sign and the size of the coefficients?
5.5 Which results does further testing yield?
5.6 Interpretation of Results / Implications for ECB
6. Conclusion
7. References
8. Tables
9. Graphs
- Citation du texte
- Andreas Grün (Auteur)Thomas Lange (Auteur), 2007, Theoretical and Empirical Analysis of Exchange Rate Communication, Munich, GRIN Verlag, https://www.grin.com/document/178413
Textes similaires
Devenir un auteur
Commentaires