An Analysis of ECB Monetary Policy and Stock Price Movements

Authors

  • Petko Pishinov, PhD Student Department of Economics, Faculty of General Economics, UNWE Author

DOI:

https://doi.org/https://doi.org/10.37075/RP.2024.4.12

Keywords:

ECB, Economic growth, Monetary policy
E58

Abstract

A number of economists and researchers have mentioned that apart from inflation and output gap (GDP gap), asset price movements are also important in refining monetary policy of a Central bank and should be considered as equal as the two other determinants.  Thus, this research aims to investigate the monetary policy of ECB during the financial crisis period by examining the suitability of the interest rate setting based on inflation, output gap, and stock price movement.

References

SG Cecchetti (2000). Asset prices and central bank policy. URL: https://books.google.com/books?hl=en&lr=&id=K-p5_ONbtrcC&oi=fnd&pg=PR10&dq=Asset+prices+and+central+bank+policy+Cecchetti&ots=uPkg63PwUy&sig=taySslg4MP4MTrR8fyg2KO47JJI

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Published

2024-12-19

Issue

No. 4 (2024)

Section

Articles

License

Copyright (c) 2024 Petko Pishinov (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain copyright to their works.

All publications are distributed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) license.

How to Cite

Pishinov, P. (2024). An Analysis of ECB Monetary Policy and Stock Price Movements. Research Papers, 4, 169-178. https://doi.org/https://doi.org/10.37075/RP.2024.4.12