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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Bulir, Ales
Beste egile batzuk: Cihak, Martin, Jansen, David-Jan
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2014.
Saila:IMF Working Papers; Working Paper ; No. 2014/175
Sarrera elektronikoa:Full text available on IMF