Violating the law of one price: the role of non-conventional monetary policy

Stefano Corradin and Maria Rodriguez-Moreno

No 1927, Working Paper Series from European Central Bank

Abstract: We document that a large yield spread, a basis, developed between USD- and EUR-denominated comparable bonds issued by the same euro area country over the 2008 JEL Classification: G01, G12

Keywords: financial frictions; law of one price; margin constraints; non-conventional monetary policy (search for similar items in EconPapers)
Date: 2016-07
New Economics Papers: this item is included in nep-eec and nep-mon
Note: 1103497
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20161927

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