central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. -- ECB ; central bank ; communication …

central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. -- ECB ; central bank ; communication …

The causal effects of central bank communication on economic expectations and their underlying mechanisms are tested in … controlled laboratory experiments. We find that central bank communication has a stabilizing effect on individual and aggregate … outcomes, and the size of the effect varies with the type of communication. Announcing past interest rate changes has the …

-FX correlations. I find that a negative tone in central banks’ communication results to a lower stock-bond correlation, which supports …

Dictionary approaches are at the forefront of current techniques for quantifying central bank communication. This paper … bank communication literature, as well as introduce a novel approach to text quantification from computational linguistics …

´s monetary policy and augment them with communication indicators. First, we find that the ECB responded to risks to price …

's monetary policy and augment them with communication indicators. First, we find that the ECB responded to risks to price …

(ii) a large divergence of tone after 2009. The ECB communication becomes persistently more optimistic and less uncertain …-term interest rates respond less strongly to a monetary policy shock if ECB-Bundesbank communication is more cacophonous than on …