We investigate how the entire term structure of interest rates is influenced by changes in monetary policy regimes. To do so, we develop and estimate an arbitrage-free dynamic term-structure model which accounts for regime shifts in monetary policy, volatility, and the price of risk. Our results...

This paper studies central bank website characteristics of a large set of central banks. We introduce a methodology to systematically derive and quantify these characteristics along the dimensions of textual content, visual presentation, and website performance. We then conduct a survey to...

This paper investigates the characteristics of central bank websites across a large sample of central banks. We systematically derive and quantify these characteristics across three dimensions: text, visual presentation, and website performance. We then conduct a survey to isolate the main...