期刊名称：Discussion Paper Series / Universität Heidelberg, Department of Economics
出版年度：2012
卷号：2012
出版社：Universität Heidelberg, Department of Economics
摘要：We quantify all statements by major European politicians reported by Reutersduring the August 2011 to December 2011 period and show that political commu-nication significantly a.ects European stock and bond markets as well as the EUR-USD exchange rate. Communication with respect to Italy induces the strongestmarket reactions. Financial markets consider the German bond market a safe haven
