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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Détails bibliographiques
Auteur principal: Bulir, Ales
Autres auteurs: Cihak, Martin, Jansen, David-Jan
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2014.
Collection:IMF Working Papers; Working Paper ; No. 2014/175
Accès en ligne:Full text available on IMF