Artikel
Talking by numbers: Communicated uncertainty of the ECB
Using a novel approach, this paper analyses the deliberately communicated uncertainty of the ECB to the market. Specifically, it semantically analyses the uncertainty expressed in official ECB press statements. The analysis shows how the ECB tries to alert or appease the market with different levels of communicated uncertainty. The appeasement through low uncertainty communication levels is particularly pronounced during times of financial distress. Further, the analysis shows that the ECB tried to alert the market through an increasing level of communicated uncertainty prior to the outbreak of the global financial crisis.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 48 ; Year: 2013 ; Issue: 5 ; Pages: 287-292 ; Heidelberg: Springer
- Klassifikation
-
Wirtschaft
- Thema
-
Geldpolitik
Staatliche Information
Zentralbank
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Sauter, Oliver
Schroff, Sebastian
Spankowski, Ulli
Burghof, Hans-Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Springer
- (wo)
-
Heidelberg
- (wann)
-
2013
- DOI
-
doi:10.1007/s10272-013-0471-x
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Sauter, Oliver
- Schroff, Sebastian
- Spankowski, Ulli
- Burghof, Hans-Peter
- Springer
Entstanden
- 2013
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