The effect of political communication on European financial markets during the sovereign debt crisis

We quantify all statements by major European politicians reported by Reuters during the August 2011 to December 2011 period and show that political communication significantly affects the EUR-USD exchange rate as well as European stock and bond markets. Communication with respect to Italy induces th...

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Hauptverfasser: Conrad, Christian (VerfasserIn) , Zumbach, Klaus Ulrich (VerfasserIn)
Dokumenttyp: Article (Journal)
Sprache:Englisch
Veröffentlicht: 9 February 2016
In: Journal of empirical finance
Year: 2016, Jahrgang: 39, Pages: 209-214
ISSN:0927-5398
DOI:10.1016/j.jempfin.2016.01.018
Online-Zugang:Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.jempfin.2016.01.018
Verlag, lizenzpflichtig, Volltext: http://www.sciencedirect.com/science/article/pii/S092753981630007X
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Verfasserangaben:Christian Conrad, Klaus Ulrich Zumbach

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