dc.creator | Anagnostou A. | en |
dc.date.accessioned | 2023-01-31T07:31:19Z | |
dc.date.available | 2023-01-31T07:31:19Z | |
dc.date.issued | 2017 | |
dc.identifier.isbn | 9781536108453; 9781536108293 | |
dc.identifier.uri | http://hdl.handle.net/11615/70521 | |
dc.description.abstract | This chapter investigates the impact of shocks of Monetary Policy Actions on the real economy and stock market performance. Using a Bayesian Panel VAR model, I assess the macroeconomic impact in the 19 EU countries over the period 1996-2015, by measuring the impact of monetary policy shocks on the real economic activity and the stock market performance conditions of 19 EU countries. We show that monetary policy contractions lead to a fall in real economic activity and tighten liquidity market conditions. The results provide evidence of asymmetric monetary policy action effects on the real economy and the financial markets across the 19 EU countries. © 2017 Nova Science Publishers, Inc. All rights reserved. | en |
dc.language.iso | en | en |
dc.source | Monetary Policy: Perspectives, Strategies and Challenges | en |
dc.source.uri | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85020335658&partnerID=40&md5=5b2b7bb84e0c1123cefd2d2a7aeec8ac | |
dc.subject | Nova Science Publishers, Inc. | en |
dc.title | Asymmetric monetary policy action effects: Evidence and implications regarding Europe | en |
dc.type | bookChapter | en |