Artikel
Narratives in ECB press conferences: A textual analysis
Topic analysis of the European Central Bank (ECB) press conferences reveals meaningful communication patterns. Similar press conferences are clustered in time ¦ The revisions to the ECB narrative accompany the changes in policy direction. Market volatility increases when the ECB substantially updates its wording in the monetary analysis section as compared to keeping it rather static relative to the previous period. Shifts in ECB communication introduce incremental volatility above and beyond that created by a change in policy stance
- Language
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Englisch
- Bibliographic citation
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Journal: EconPol Forum ; ISSN: 2752-1184 ; Volume: 24 ; Year: 2023 ; Issue: 1 ; Pages: 42-45
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Klejdysz, Justyna
- Event
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Veröffentlichung
- (who)
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CESifo GmbH
- (where)
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Munich
- (when)
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2023
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Klejdysz, Justyna
- CESifo GmbH
Time of origin
- 2023