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Persistent link: https://www.econbiz.de/10011478296
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
Persistent link: https://www.econbiz.de/10009310079
In this paper, we study whether central bank communication has a positive effect on market participants' perception of … that central bank communication has a positive effect on how central banks are perceived and understood, as it enhances …
Persistent link: https://www.econbiz.de/10010356195
In this paper, we study whether central bank communication has a positive effect on market participants’ perception of … that central bank communication has a positive effect on how central banks are perceived and understood, as it enhances …
Persistent link: https://www.econbiz.de/10010226327
Persistent link: https://www.econbiz.de/10009723992
Reserve (Fed) communication indicators. Econometrically, we employ an ordered probit model of a Taylor rule to explain and … communication indicators in explaining Canadian interest rate decisions …
Persistent link: https://www.econbiz.de/10013151094
Persistent link: https://www.econbiz.de/10013438375
To which degree can variation in sentiment-based indicators of central bank communication be attributed to changes in …
Persistent link: https://www.econbiz.de/10014256942
In this paper, we analyze the determinants of U.S. monetary policy stance as expressed in speeches by Federal Reserve (Fed) officials over the period January 1998 to September 2009. Econometrically, we use a probit model with regional and national macroeconomic variables to explain the content...
Persistent link: https://www.econbiz.de/10013115241