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suggest that the European Central Bank successfully improved the frequency and clarity of information provision since its … major economic events such as the Great Recession. However, the clarity of speeches in recent years is still fairly low …. Moreover, our findings indicate that clarity decreased under Christine Lagarde's presidency following the outbreak of the …
Persistent link: https://www.econbiz.de/10012432818
We use data on speeches held by members of the European Central Bank's (ECB) Executive Board to analyze whether clarity … of central bank communication has increased over time. Employing readability measures as proxy variables, we find that … clarity of information provision is trending upward since the inception of the ECB. The increase is gradual, rather than being …
Persistent link: https://www.econbiz.de/10014472794
We use data on speeches held by members of the European Central Bank's (ECB) Executive Board to analyze whether clarity … of central bank communication has increased over time. Employing readability measures as proxy variables, we find that … clarity of information provision is trending upward since the inception of the ECB. The increase is gradual, rather than being …
Persistent link: https://www.econbiz.de/10014476281
Persistent link: https://www.econbiz.de/10015183289
statements published by the Bank of Sierra Leone. This study examines the effectiveness and readability of monetary policy … communication by the Bank of Sierra Leone. The research focuses on evaluating the clarity and simplicity of the Bank's communication … readability metrics assessment, we analyzed 17 quarterly monetary policy statements, our corpus consist of 43 pages of text data …
Persistent link: https://www.econbiz.de/10014475325
suggest that the European Central Bank successfully improved the frequency and clarity of information provision since its … major economic events such as the Great Recession. However, the clarity of speeches in recent years is still fairly low …. Moreover, our findings indicate that clarity decreased under Christine Lagarde's presidency following the outbreak of the …
Persistent link: https://www.econbiz.de/10013326553
We study whether clarity of central bank inflation reports affects return volatility in financial markets. We measure … clarity of reports by the Czech National Bank, the European Central Bank, the Bank of England, and Sveriges Riksbank using the … Flesch-Kincaid grade level, a standard readability measure. We find some evidence, mainly for the euro area, of a negative …
Persistent link: https://www.econbiz.de/10011004565
How does variation in the clarity of elites’ communication change the economy? Previous re- search shows that elites …
Persistent link: https://www.econbiz.de/10011110786
suggest that the European Central Bank successfully improved the frequency and clarity of information provision since its … major economic events such as the Great Recession. However, the clarity of speeches in recent years is still fairly low …. Moreover, our findings indicate that clarity decreased under Christine Lagarde's presidency following the outbreak of the …
Persistent link: https://www.econbiz.de/10012623110
We examine howthe verbal complexity of ECB communications affectsfi-nancial market trading based on high-frequency data fromEuropean stock index futures trading. Studying the 34 events between May 2009 and June 2017, during which the ECB Governing Council press conferences covered unconventional...
Persistent link: https://www.econbiz.de/10012039675