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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Bulir, Ales
מחברים אחרים: Cihak, Martin, Jansen, David-Jan
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2014.
סדרה:IMF Working Papers; Working Paper ; No. 2014/175
גישה מקוונת:Full text available on IMF