‘Whatever it takes’ and the role of Eurozone news

8Citations
Citations of this article
8Readers
Mendeley users who have this article in their library.

This article is free to access.

Abstract

This letter shows that the ‘Whatever it takes’ speech by ECB President Draghi on 26 July 2012 and the ensuing installation of the Outright Monetary Transactions’ framework are associated with a reduction in the domestic and cross-border effect of Eurozone news on absolute yield changes in Eurozone sovereign debt. These results are consistent with the popular view that these actions helped to avoid a collapse of the Eurozone.

Cite

CITATION STYLE

APA

Van Der Heijden, M., Beetsma, R., & Romp, W. (2018). ‘Whatever it takes’ and the role of Eurozone news. Applied Economics Letters, 25(16), 1166–1169. https://doi.org/10.1080/13504851.2017.1403555

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free