Does it Matter If Statistical Agencies Frame the Month's CPI Reporton a 1-Month or 12-Month Basis?

When the US Bureau of Labor Statistics releases new numbers, in theory it should make no difference whether the press release emphasizes the most recent 1-month number, which is what it always does, or the 12-month number, as many other countries' statistical agencies do. This paper offers the hypothesis that it does matter: Markets react to CPI inflation news via whichever framing the agency has adopted

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Year of publication:	2017
Authors:	Frankel, Jeffrey A.
Other Persons:	Saiki, Ayako (contributor)
Publisher:	[2017]: [S.l.] : SSRN
Subject:	Ankündigungseffekt \| Announcement effect \| Arbeitsmarktstatistik \| Labour statistics

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Extent:	1 Online-Ressource (24 p)
Series:	NBER Working Paper ; No. w23754
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 2017 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

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