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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Bulir, Ales
Rannpháirtithe: Cihak, Martin, Jansen, David-Jan
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2014.
Sraith:IMF Working Papers; Working Paper ; No. 2014/175
Rochtain ar líne:Full text available on IMF