plays a uniquely influential role in generating such sentiment spillovers, while the ECB is primarily influenced by other … central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …

We develop a comprehensive index of the transparency of central banks regarding their policy framework to promote … financial stability for 110 countries from 2000 to 2011 and examine the determinants and effects of this transparency. We find … that the degree of transparency increased in the 2000s, though it still varied greatly across the countries in our study …

Communication has become a vital part of modern monetary policy, and its importance is even higher during a crisis when … communication from individual central bank policymakers in the European Central Bank and the Federal Reserve during a period of very … of communication. …

plays a uniquely influential role in generating such sentiment spillovers, while the ECB is primarily influenced by other … central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …

. Communication has become an effective auxiliary instrument of economic policy, and markets started paying precise attention to the … provide an overview of recent trends and developments in central bank communication strategies. By resorting to the existing … literature, we analyze the origins of central bank communication and the evolution of its role in time. We also study the main …

plays a uniquely influential role in generating such sentiment spillovers, while the ECB is primarily influenced by other … central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …

nonverbal communication - facial expressions. Using minute-level data, we align our nonverbal communication measure with a set … information embedded in central bank communication …