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How 'Unconventional' are Large-Scale Asset Purchases? The Impact of Monetary Policy on Asset Prices
4 references·16 citing·57 second hopsampled
How 'Unconventional' are Large-Scale Asset Purchases? 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References

  • 2003Micro Effects of Macro Announcements: Real-Time Price Discovery in Foreign Exchange1,377 cited
  • 1978Unanticipated Money, Output, and the Price Level in the United States668 cited
  • 2009Realized kernels in practice: trades and quotes642 cited
  • 2008Microstructure Noise, Realized Variance, and Optimal Sampling598 cited

Cited by

  • 2014The high-frequency response of energy prices to U.S. monetary policy: Understanding the empirical evidence106 cited
  • 2016Global financial market impact of the announcement of the ECB's asset purchase programme87 cited
  • 2015Did Quantitative Easing Increase Income Inequality?82 cited
  • 2012International Channels of the Fed’s Unconventional Monetary Policy70 cited
  • 2014ECB Unconventional Monetary Policy Actions: Market Impact, International Spillovers and Transmission Channels *67 cited
  • 2014The Response of Equity Prices to Movements in Long‐Term Interest Rates Associated with Monetary Policy Statements: Before and After the Zero Lower Bound66 cited
  • 2014The Effects of Unconventional Monetary Policies on Bank Soundness64 cited
  • 2015Abenomics: Why was it so successful in changing market expectations?56 cited
  • 2013International Channels of the Fed’s Unconventional Monetary Policy41 cited
  • 2015The Macroeconomic Effects of the Federal Reserve's Unconventional Monetary Policies

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39 cited
  • 2014Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Cross-Country Comparison38 cited
  • 2018The time horizon of price responses to quantitative easing37 cited
  • 2017Cross-border spillover effects of unconventional monetary policies on Swiss asset prices33 cited
  • 2016Monetary policy statements, treasury yields, and private yields: Before and after the zero lower bound25 cited
  • 2014Asset Markets and Monetary Policy Shocks at the Zero Lower Bound25 cited
  • 2016Does More Complex Language in FOMC Decisions Impact Financial Markets?25 cited