R Baeriswyl, C Cornand - Journal of the European Economic …, 2014 - academic.oup.com
Financial markets are known for overreacting to public information. Central banks can reduce this overreaction either by disclosing information to only a fraction of market …
One of the most striking consequences of the recent episode of sovereign debt market stress in the Eurozone has been the increase in the share of public debt held by the domestic …
Financial markets are known for overreacting to public information. Central banks can reduce this overreaction either by disclosing information to a fraction of market participants …