financial market volatility after FOMC meetings. Finally, Fed communication may exert an influence on forecast accuracy. …The paper shows that there is a substantial degree of heterogeneity in forecast accuracy among Fed watchers. Based on a … novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 …

influencing such heterogeneity as Fed communication is found to affect forecast accuracy significantly. …The paper shows that there is a substantial degree of heterogeneity in the ability of Fed watchers to forecast US … FOMC decisions varies 5 to 10 basis points between the best and worstperformers across the sample. This heterogeneity is …

countries, we find remarkable differences in forecast accuracy, and show that they are partly related to geography and … involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand … banking in the past. In large part this heterogeneity can be traced to differences in forecasting models. While some …

countries, we find remarkable differences in forecast accuracy, and show that they are partly related to geography and … involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand … banking in the past. In large part this heterogeneity can be traced to differences in forecasting models. While some …

financial market volatility after FOMC meetings. Finally, Fed communication may exert an influence on forecast accuracy. JEL …The paper shows that there is a substantial degree of heterogeneity in forecast accuracy among Fed watchers. Based on a … novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 …

countries, we find remarkable differences in forecast accuracy, and show that they are partly related to geography and … involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand … banking in the past. In large part this heterogeneity can be traced to differences in forecasting models. While some …

In this paper, I examine whether communications by the Federal Open Market Committee (FOMC) play a role in determining … intensity with which FOMC statements and meeting minutes discussed labor relative to other topics. I find that these labor topic …

communication is reduced during the financial crisis. …

This paper discusses the evolution of central bank communication, focusing on recent efforts by central banks to engage … analyzing Twitter content by and about monetary policy makers can inform about the effectiveness of communication in influencing … communication affects expectations and, subsequently, behavior in financial markets …