Papers with European Central Bank
A Time Series Analysis of Emotional Loading in Central Bank Statements (D19-51)
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| Challenge: | a recent study has found that central bankers are communicating proactively to economic agents, resulting in a rapid growth of economic literature. |
| Approach: | They examine the affective content of central bank press statements using emotion analysis . they focus on the European Central Bank and the US Federal Reserve Bank . |
| Outcome: | The results show that the ECB and the Fed have strong emotional dimensions . the authors suggest that the use of emotion analysis could reveal latent emotions . |