Hirsch, Patrick; Feld, Lars P.; Koehler, Ekkehard A. - 2023
coverage of high-frequency identified monetary policy announcements on households’ inflation expectations in an event study and … a generalized Difference-in-Differences approach with stacked data. If a monetary policy decision receives news coverage …’ monetary policy announcements, which are primarily informational in nature, leads to an inverse adjustment, i.e., expansionary …