Does the clarity of inflation reports affect volatility in financial markets /
Saved in:
Author / Creator: | Buliř, Aleš, author. |
---|---|
Imprint: | [Washington, D.C.] : International Monetary Fund, ©2014. |
Description: | 1 online resource (29 pages) : color illustrations. |
Language: | English |
Series: | IMF working paper ; WP/14/175 IMF working paper ; WP/14/175. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12503373 |
MARC
LEADER | 00000cam a2200000Ia 4500 | ||
---|---|---|---|
001 | 12503373 | ||
006 | m o d | ||
007 | cr ||||||||||| | ||
008 | 140930s2014 dcua ob i000 0 eng d | ||
005 | 20240822221831.9 | ||
019 | |a 894791261 |a 1162375905 | ||
020 | |a 9781484380406 | ||
020 | |a 1484380401 | ||
035 | 9 | |a (OCLCCM-CC)891652932 | |
035 | |a (OCoLC)891652932 |z (OCoLC)894791261 |z (OCoLC)1162375905 | ||
040 | |a DJB |b eng |e pn |c DJB |d IDEBK |d EBLCP |d E7B |d YDXCP |d OCLCF |d OCLCQ |d MERUC |d OCLCQ |d CEF |d OCLCQ |d CUS |d VT2 |d OCLCQ |d OCLCO | ||
043 | |a e------ | ||
049 | |a MAIN | ||
050 | 4 | |a HG3881.5.I58 |b W67 No. 14/175eb | |
100 | 1 | |a Buliř, Aleš, |e author. |0 http://id.loc.gov/authorities/names/n91008966 | |
245 | 1 | 0 | |a Does the clarity of inflation reports affect volatility in financial markets / |c prepared by Ales Bulir, Martin Cihak, and David-Jan Jansen. |
260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2014. | ||
300 | |a 1 online resource (29 pages) : |b color illustrations. | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF working paper ; |v WP/14/175 | |
500 | |a "September 2014." | ||
500 | |a "Institute for Capacity Development." | ||
504 | |a Includes bibliographical references (pages 17-22). | ||
520 | |a 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 measure. We find some evidence, mainly for the euro area, of a negative relationship between clarity and market volatility prior to and during the early stage of the global financial crisis. As the crisis unfolded, there is no longer robust evidence of a negative connection. We conclude that reducing noise using clear reports is possible but not without challenges, especially in times of crisis.--Abstract. | ||
588 | 0 | |a Online resource; title from pdf title page (IMF.org Web site, viewed September 30, 2014). | |
505 | 0 | |a Cover Page; Title Page; Copyright Page; 1 Introduction; 2 Methodology and data sources; 3 Data description; 4 Estimation results; 5 Conclusions; References; Footnotes. | |
650 | 0 | |a Banks and banking, Central |x Econometric models. | |
650 | 0 | |a Capital market |x Econometric models. | |
650 | 6 | |a Banques centrales |x Modèles économétriques. | |
650 | 6 | |a Marché financier |x Modèles économétriques. | |
650 | 7 | |a Banks and banking, Central |x Econometric models. |2 fast |0 (OCoLC)fst00827041 | |
650 | 7 | |a Capital market |x Econometric models. |2 fast |0 (OCoLC)fst00846359 | |
655 | 0 | |a Electronic books. | |
655 | 4 | |a Electronic books. | |
700 | 1 | |a Čihák, Martin, |e author. |0 http://id.loc.gov/authorities/names/no2001079077 | |
700 | 1 | |a Jansen, David-Jan, |e author. |0 http://id.loc.gov/authorities/names/no2012009694 | |
710 | 2 | |a International Monetary Fund. |b Institute for Capacity Development, |e issuing body. |0 http://id.loc.gov/authorities/names/no2012075144 | |
776 | 0 | 8 | |i Print version: |a Bulir, Ales. |t Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? |d Washington : International Monetary Fund, ©2014 |
830 | 0 | |a IMF working paper ; |v WP/14/175. |0 http://id.loc.gov/authorities/names/no89010263 | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2014/175/001.2014.issue-175-en.xml |y INTERNATIONAL MONETARY FUND |
929 | |a oclccm | ||
999 | f | f | |i bb629c79-ffd4-5aa5-93a8-860d61b8af27 |s 8138092f-b0b9-560b-a19f-876638db0c57 |
928 | |t Library of Congress classification |a HG3881.5.I58W67 No. 14/175eb |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2014/175/001.2014.issue-175-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12147676 |