accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … Japan, Bank of England und Federal Reserve System). Im zweiten Teil stellen wir eine Theorie über die Rechenschaftspflicht … System). In the second part, we present a theory of central bank accountability. Two aspects of accountability are considered …

cases: the Federal Reserve, theEuropean Central Bank and the Bank of England …This paper explores the relationship between central bank communication and market sentiment,and proposes a new measure …. Market sentiment is proxied using a Twitter-based metric: theCentral Bank Surprise Index. The empirical study covers three …