It takes the average reader and 30 minutes to read Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? by Mr. Ales Bulir
Assuming a reading speed of 250 words per minute. Learn more
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.
Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? by Mr. Ales Bulir is 29 pages long, and a total of 7,511 words.
This makes it 10% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? aloud.
Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? by Mr. Ales Bulir is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? by Mr. Ales Bulir on Amazon click the button below.
Buy Does the Clarity of Inflation Reports Affect Volatility in Financial Markets? on Amazon