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...

Повний опис

Бібліографічні деталі
Автор: Bulir, Ales
Інші автори: Cihak, Martin, Jansen, David-Jan
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2014.
Серія:IMF Working Papers; Working Paper ; No. 2014/175
Онлайн доступ:Full text available on IMF