Words speak as loudly as actions: central bank communication and the response of equity prices to macroeconomic announcements

DOI10.1016/J.JECONOM.2021.07.014OpenAlexW3158952632MaRDI QIDQ2106371

Clara Vega, Ben Gardner, Chiara Scotti

Publication date: 14 December 2022

Published in: Journal of Econometrics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jeconom.2021.07.014

zbMATH Keywords

monetary policypublic informationprice discoveryprobability of a recession

Mathematics Subject Classification ID

Statistics (62-XX) Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Cites Work

• The value of news for economic developments
• Measuring news sentiment
• Transparency and Deliberation Within the FOMC: A Computational Linguistics Approach*
• High-Frequency Identification of Monetary Non-Neutrality: The Information Effect*

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