Monetary transmission right from the start: on the information content of the eurosystem's main refinancing operations
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Frankfurt am Main
Dt. Bundesbank
2011
|
| Series: | Discussion paper / Deutsche Bundesbank
Series 1, Economic studies 2011,24 |
| Subjects: | |
| Online Access: | Volltext Inhaltsverzeichnis |
| Item Description: | Literaturangaben. - Zusätzliches Online-Angebot unter http://www.bundesbank.de |
| Physical Description: | 26 S. graph. Darst. 30 cm |
| ISBN: | 9783865587565 9783865587572 |
Staff View
MARC
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Record in the Search Index
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| adam_text |
IMAGE 1
CONTENTS
1 INTRODUCTION 1
2 THE ROLE OF MRO AUCTIONS IN THE EUROSYSTEM'S OPERATIONAL FRAME- WORK 3
2.1 MONETARY POLICY IMPLEMENTATION 3
2.2 OVERNIGHT RATE DYNAMICS, MRO RESULTS, AND THE MARTINGALE HYPOTHESIS
5
2.3 MEASURING THE MONEY MARKET RESPONSE TO AN MRO AUCTION OUTCOME . . G
3 THE RESPONSE OF MONEY MARKET RATES TO MRO AUCTION OUTCOMES 8
3.1 THE MRO AUCTION OUTCOMES: VARIABLES AND PREDICTIONS 8
3.2 THE ECONOMETRIC SPECIFICATION 11
4 THE INFORMATION CONTENT OF MRO AUCTIONS: EMPIRICAL RESULTS 12
4.1 THE RESPONSE OF MONEY MARKET RATES TO MRO AUCTIONS BEFORE THE FI-
NANCIAL CRISIS 12
4.2 THE RESPONSE OF MONEY MARKET RATES TO THE MRO AUCTIONS DURING THE
FINANCIAL CRISIS 15
4.3 MRO AUCTIONS AND LONGER-TERM INTEREST RATES DURING THE CRISIS 15
4.4 MRO AUCTIONS AND THE VOLATILITY OF EURIBOR FUTURES RATES DURING THE
CRISIS 17
5 CONCLUDING REMARKS 19
A FIGURES 20
B STRUCTURAL BREAK TEST 22
C FORECAST EQUATION OF NUMBER OF BIDDERS 23
BIBLIOGRAFISCHE INFORMATIONEN HTTP://D-NB.INFO/1017472289
DIGITALISIERT DURCH |
| any_adam_object | 1 |
| author | Abbassi, Puriya Nautz, Dieter |
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| author_sort | Abbassi, Puriya |
| author_variant | p a pa d n dn |
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| bvnumber | BV039740994 |
| classification_rvk | QK 900 |
| collection | ebook |
| ctrlnum | (OCoLC)772874148 (DE-599)DNB1017472289 |
| discipline | Wirtschaftswissenschaften |
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| id | DE-604.BV039740994 |
| illustrated | Illustrated |
| indexdate | 2025-01-02T11:37:19Z |
| institution | BVB |
| isbn | 9783865587565 9783865587572 |
| language | English |
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| physical | 26 S. graph. Darst. 30 cm |
| psigel | ebook |
| publishDate | 2011 |
| publishDateSearch | 2011 |
| publishDateSort | 2011 |
| publisher | Dt. Bundesbank |
| record_format | marc |
| series2 | Discussion paper / Deutsche Bundesbank |
| spelling | Abbassi, Puriya Verfasser (DE-588)1016518803 aut Monetary transmission right from the start on the information content of the eurosystem's main refinancing operations Puriya Abbassi ; Dieter Nautz Frankfurt am Main Dt. Bundesbank 2011 26 S. graph. Darst. 30 cm txt rdacontent n rdamedia nc rdacarrier Discussion paper / Deutsche Bundesbank Series 1, Economic studies 2011,24 Literaturangaben. - Zusätzliches Online-Angebot unter http://www.bundesbank.de Europäische Zentralbank (DE-588)5287962-8 gnd rswk-swf Europäische Union (DE-588)5098525-5 gnd rswk-swf Refinanzierung (DE-588)4177329-9 gnd rswk-swf Inter-Banken-Informationssystem (DE-588)4488615-9 gnd rswk-swf Interbankgeschäft (DE-588)4265329-0 gnd rswk-swf Wirtschafts- und Währungsunion (DE-588)4309802-2 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf Europäische Union (DE-588)5098525-5 b Wirtschafts- und Währungsunion (DE-588)4309802-2 s Europäische Zentralbank (DE-588)5287962-8 b Geldpolitik (DE-588)4019902-2 s Interbankgeschäft (DE-588)4265329-0 s Refinanzierung (DE-588)4177329-9 s Inter-Banken-Informationssystem (DE-588)4488615-9 s b DE-604 Nautz, Dieter Verfasser (DE-588)132839539 aut Deutsche Bundesbank Discussion paper Series 1, Economic studies ; 2011,24 (DE-604)BV017594637 2011,24 http://hdl.handle.net/10419/52129 Verlag kostenfrei Volltext DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024588672&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Abbassi, Puriya Nautz, Dieter Monetary transmission right from the start on the information content of the eurosystem's main refinancing operations Europäische Zentralbank (DE-588)5287962-8 gnd Europäische Union (DE-588)5098525-5 gnd Refinanzierung (DE-588)4177329-9 gnd Inter-Banken-Informationssystem (DE-588)4488615-9 gnd Interbankgeschäft (DE-588)4265329-0 gnd Wirtschafts- und Währungsunion (DE-588)4309802-2 gnd Geldpolitik (DE-588)4019902-2 gnd |
| subject_GND | (DE-588)5287962-8 (DE-588)5098525-5 (DE-588)4177329-9 (DE-588)4488615-9 (DE-588)4265329-0 (DE-588)4309802-2 (DE-588)4019902-2 |
| title | Monetary transmission right from the start on the information content of the eurosystem's main refinancing operations |
| title_auth | Monetary transmission right from the start on the information content of the eurosystem's main refinancing operations |
| title_exact_search | Monetary transmission right from the start on the information content of the eurosystem's main refinancing operations |
| title_full | Monetary transmission right from the start on the information content of the eurosystem's main refinancing operations Puriya Abbassi ; Dieter Nautz |
| title_fullStr | Monetary transmission right from the start on the information content of the eurosystem's main refinancing operations Puriya Abbassi ; Dieter Nautz |
| title_full_unstemmed | Monetary transmission right from the start on the information content of the eurosystem's main refinancing operations Puriya Abbassi ; Dieter Nautz |
| title_short | Monetary transmission right from the start |
| title_sort | monetary transmission right from the start on the information content of the eurosystem s main refinancing operations |
| title_sub | on the information content of the eurosystem's main refinancing operations |
| topic | Europäische Zentralbank (DE-588)5287962-8 gnd Europäische Union (DE-588)5098525-5 gnd Refinanzierung (DE-588)4177329-9 gnd Inter-Banken-Informationssystem (DE-588)4488615-9 gnd Interbankgeschäft (DE-588)4265329-0 gnd Wirtschafts- und Währungsunion (DE-588)4309802-2 gnd Geldpolitik (DE-588)4019902-2 gnd |
| topic_facet | Europäische Zentralbank Europäische Union Refinanzierung Inter-Banken-Informationssystem Interbankgeschäft Wirtschafts- und Währungsunion Geldpolitik |
| url | http://hdl.handle.net/10419/52129 http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024588672&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV017594637 |
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