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Non-Monetary News in Central Bank Communication

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NBER2018-09-01 更新2025-01-04 收录
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We quantify the importance of non-monetary news in central bank communication. Using evidence from four major central banks and a comprehensive classification of events, we decompose news conveyed by central banks into news about monetary policy, economic growth, and separately, shocks to risk

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2018-09-01
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