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It is not just What you say, but How you say it: Why tonality matters in central bank communication
16 references·2 citing·49 second hop
It is not just What you say, but How you say it: Why tonality matters in central bank communication (2022)It is not just What you say, but How you …Manager sentiment and stock returns (2018)Manager sentiment and stock r…Monetary policy uncertainty and the market reaction to macroeconomic news (2017)Monetary policy uncertainty a…A Model of Monetary Policy and Risk Premia (2017)A Model of Monetary Policy an…Measuring Economic Policy Uncertainty* (2016)Measuring Economic Policy Unc…The Pre-FOMC Announcement Drift (2012)The Pre-FOMC Announcement Dri…Sentiment During Recessions (2012)Sentiment During RecessionsWhen Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks (2011)When Is a Liability Not a Lia…Macroeconomic cycles and the stock market’s reaction to monetary policy (2008)Macroeconomic cycles and the …Market-Based Measures of Monetary Policy Expectations (2007)Market-Based Measures of Mone…Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Giving Content to Investor Se…The Stock Market's Reaction to Unemployment News: Why Bad News Is Usually Good for Stocks (2005)The Stock Market's Reaction t…Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements (2004)Do Actions Speak Louder Than …The distribution of realized stock return volatility (2001)The distribution of realized …The Declining U.S. Equity Premium (2001)The Declining U.S. Equity Pre…The Short-Run Dynamics of the Price Adjustment to New Information (1995)The Short-Run Dynamics of the…No news is good news (1992)No news is good newsThe clarity of monetary policy communication and financial market volatility in developing economies (2024)The clarity of monetary polic…Crisis sentiment and banks’ stock price crash risk: A missing piece of the puzzle? (2023)Crisis sentiment and banks’ s…The Behavior of Stock-Market Prices (1965)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Econometric Analysis of Realized Volatility and its Use in Estimating Stochastic Volatility Models (2002)Is All That Talk Just Noise? The Information Content of Internet Stock Message Boards (2004)A Simple Approximate Long-Memory Model of Realized Volatility (2008)Monetary policy surprises and interest rates: Evidence from the Fed funds futures market (2001)What Explains the Stock Market's Reaction to Federal Reserve Policy? 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(1936)Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Economic Forces and the Stock Market (1986)A Capital Asset Pricing Model with Time-Varying Covariances (1988)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)The empirical risk–return relation: A factor analysis approach☆ (2006)The Determinants of Stock and Bond Return Comovements (2010)Predictive regressions with time-varying coefficients (2012)Judgment under Uncertainty: Heuristics and Biases (1975)Noise Trader Risk in Financial Markets (1990)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Investor Attention and Stock Returns (2018)Geopolitical risk and oil volatility: A new insight (2019)Can ChatGPT forecast stock price movements? 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References

  • 2016Measuring Economic Policy Uncertainty*12,311 cited
  • 2011When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks6,003 cited
  • 2007Giving Content to Investor Sentiment: The Role of Media in the Stock Market4,822 cited
  • 2001The distribution of realized stock return volatility2,264 cited
  • 1992No news is good news1,929 cited
  • 2004Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements1,566 cited
  • 2012Sentiment During Recessions1,156 cited
  • 2005The Stock Market's Reaction to Unemployment News: Why Bad News Is Usually Good for Stocks793 cited
  • 2018Manager sentiment and stock returns733 cited
  • 2012The Pre-FOMC Announcement Drift630 cited
  • 2007Market-Based Measures of Monetary Policy Expectations373 cited
  • 1995The Short-Run Dynamics of the Price Adjustment to New Information297 cited
  • 2008Macroeconomic cycles and the stock market’s reaction to monetary policy247 cited
  • 2017A Model of Monetary Policy and Risk Premia241 cited
  • 2001The Declining U.S. Equity Premium213 cited
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Monetary policy uncertainty and the market reaction to macroeconomic news
165 cited

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  • 2023Crisis sentiment and banks’ stock price crash risk: A missing piece of the puzzle?26 cited
  • 2024The clarity of monetary policy communication and financial market volatility in developing economies12 cited