BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:event-9145@amse-aixmarseille.fr
DTSTAMP:20260417T114528Z
CREATED:20260417T114528Z
LAST-MODIFIED:20260417T114528Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:amse seminar - Paul Hubert
DTSTART:20220502T093000Z
DTEND:20220502T104500Z
DESCRIPTION:We investigate the financial market effects of central bank ass
 et purchases by exploiting the unique setting provided by ECB’s PSPP and 
 PEPP policies. These programs consist in purchases of identical assets. The
  PSPP aimed to reduce deflationary risks\, while the PEPP was announced to 
 alleviate sovereign risks. We assess the effects of both policies on both i
 ntermediate objectives. We find that the PSPP positively affects inflation 
 swaps while the PEPP negatively impacts sovereign spreads. We explore the r
 easons for these differentiated effects. Making the rationale of a policy c
 lear and credible influences its transmission to asset prices.\\n\\nContact
 : Ewen Gallic: ewen.gallic[at]univ-amu.frAvner Seror: avner.seror[at]univ-a
 mu.fr\n\nPlus d'informations: https://amse-aixmarseille.fr/en/events/paul-h
 ubert-0
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://amse-aixmarseille.fr/en/events/paul-hubert-0
CONTACT:Ewen Gallic: ewen.gallic[at]univ-amu.frAvner Seror: avner.seror[at]
 univ-amu.fr
TRANSP:OPAQUE
END:VEVENT
END:VCALENDAR