Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? /

We study whether clarity of central bank inflation reports affects return volatility in financial markets. We measure clarity of reports by the Czech National Bank, the European Central Bank, the Bank of England, and Sveriges Riksbank using the Flesch-Kincaid grade level, a standard readability meas...

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Detalles Bibliográficos
Autor principal: Bulir, Ales
Otros Autores: Cihak, Martin, Jansen, David-Jan
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2014.
Colección:IMF Working Papers; Working Paper ; No. 2014/175
Acceso en línea:Full text available on IMF