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Transparency and Deliberation within the FOMC: a Computational Linguistics Approach∗†
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In: http://www.economics.utoronto.ca/index.php/index/research/downloadSeminarPaper/49156/ (2014)
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Transparency and Deliberation within the FOMC: a Computational Linguistics Approach∗
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In: http://research.barcelonagse.eu/tmp/working_papers/762.pdf (2014)
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Transparency and Deliberation within the FOMC: A Computational Linguistics Approach
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In: http://cep.lse.ac.uk/pubs/download/dp1276.pdf (2014)
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Abstract:
How does transparency, a key feature of central bank design, affect the deliberation of monetary policymakers? We exploit a natural experiment in the Federal Open Market Committee in 1993 together with computational linguistic models (particularly Latent Dirichlet Allocation) to measure the effect of increased transparency on debate. Commentators have hypothesized both a beneficial discipline effect and a detrimental conformity effect. A difference-in-differences approach inspired by the career concerns literature uncovers evidence for both effects. However, the net effect of increased transparency appears to be a more informative deliberation process.
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Keyword:
career concerns; deliberation; FOMC; Key words; Monetary policy; transparency
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URL: http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.649.7709
http://cep.lse.ac.uk/pubs/download/dp1276.pdf
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Transparency and Deliberation within the FOMC: a Computational Linguistics Approach∗
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In: http://www2.warwick.ac.uk/fac/soc/economics/staff/mfmcmahon/research/fomc_wp.pdf (2014)
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Interactional power: observing and identifying power in interaction analyses of adult education situations depending on power notions and data types ...
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Sprache professionell fördern. Kompetent, vernetzt, innovativ ...
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null. - : Schulz-Kirchner Verlag, 2014
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Interactional power: observing and identifying power in interaction analyses of adult education situations depending on power notions and data types
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In: European journal for Research on the Education and Learning of Adults 5 (2014) 1, S. 97-109 (2014)
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| 8 |
Sprache professionell fördern. Kompetent, vernetzt, innovativ
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In: Idstein : Schulz-Kirchner Verlag 2014, 536 S. - (Sprachheilpädagogik aktuell. Beiträge für Schule, Kindergarten, therapeutische Praxis; 1) (2014)
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Live-Tweeting im Polit-Talk: rezeptive Twitternutzung und Responsivität
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In: kommunikation @ gesellschaft ; 15 ; 16 (2014)
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