We study whether clarity of central bank inflation reports affects return volatility in financial markets. We measure …

This paper''s analysis of growth and inflation dispersions in the euro area reveals several findings. First, these …

money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … contains relevant information for inflation in some model classes. Money-based New Keynesian DSGE models and VARs incorporating …

The paper evaluates the 24-month ahead inflation forecasting performance of various indicators of underlying inflation … and structural models. The inflation forecast errors resulting from model misspecification are larger than the errors …) overperform other measures over the monetary policy horizon and are leading indicators of headline inflation. Trimmed means …

The paper analyzes the forces driving inflation in the new EU10 member countries. A significant part of headline … inflation in these countries is due to common factors, such as price level convergence and EU integration. However …, idiosyncratic factors have also played a role in the inflation process. These factors are related to the country-specific financial …

This paper examines whether the clarity of central bank communication about inflation has changed with the economic … environment. We use readability statistics and content analysis to study the clarity of communication on the inflation outlook by … explaining their policies when faced with higher uncertainty or a less favorable inflation outlook. The global financial crisis …