question of how central bank transparency is entangled with price stability and inflation volatility. A plethora of studies … same is true for inflation volatility: central bank transparency seems to diminish inflation uncertainty. This confirms the …

, thereby lowering interest rate volatility and contributing to economic stability. Most empirical studies support this view … volatility. To extend the literature, I use the Dincer and Eichengreen (2007) transparency index for twenty-four economies of … varying income and examine the impact of transparency on both predictability and market volatility. I find that higher …

, testimonies, and FOMC meetings (STF's) - and volatility in the 30-year U.S. Treasury bond futures market. Using high … volatility, that this impact depends on the transmission of information (rather than just noise), and that this information …

. It shows that similar press releases generate less market volatility, but that more substantial textual changes after a … sequence of very similar statements lead to much larger volatility …

We study whether clarity of central bank inflation reports affects return volatility in financial markets. We measure … relationship between clarity and market volatility prior to and during the early stage of the global financial crisis. As the …

We study whether clarity of central bank inflation reports affects return volatility in financial markets. We measure … relationship between clarity and market volatility prior to and during the early stage of the global financial crisis. As the …