Arango Thomas, Luis Eduardo; Pantoja, Javier; … - In: Latin American journal of central banking : LAJCB 4 (2023) 3, pp. 1-20
The Central Bank uses press releases after board meetings for at least three purposes: first, to justify policy … further (latent) information to the markets. This article involves a reading analysis of press releases based on a machine … that are then used in structural VAR models to identify and measure the impact of press releases' shocks on inflation …