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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Bibliografische gegevens
Hoofdauteur: Bulir, Ales
Andere auteurs: Cihak, Martin, Jansen, David-Jan
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2014.
Reeks:IMF Working Papers; Working Paper ; No. 2014/175
Online toegang:Full text available on IMF