This study, for the first time in the literature, investigates the relationship between the ESG
index and investor sentiment for an emerging economy, India. The study establishes that the …

Do extreme events have a significant effect about textual sentiment? The purpose of this
article is to highlight the need to correct the estimation of indicators of economic uncertainty …

Despite increasing communication efforts, it may be difficult for central banks to engage the
public, as their language is often too difficult to understand for most citizens. Focusing on the …

Central bank communication has changed over the years, following the trend of
digitalization. It has been used as a tool for the implementation of monetary policies since …

Although a cornerstone of traditional finance theory, empirical evidence in support of a
positive mean-variance relation is far from conclusive, with the behavior of retail investors …

This study sets out to investigate whether the Federal Reserve System is able to efficiently
manage the communicative challenge of pandering to the different demands of distinct …

Purpose This study aims to answer the question whether investment funds managers exhibit
behavioural biases in their investment decisions. Furthermore, it investigates if fund …

This paper proposes a new framework for analyzing the sentiments of central bank
narratives. Specifically, we fine-tune a pre-trained BERT model on a dataset of manually …

We provide new insights into the effectiveness of central bank communication in the euro
area relying on a novel methodology. The time-varying text based ideal point model (TV …

Purpose This study contributes to the pool of knowledge about the impact of monetary policy
communication of central banks on financial instruments' prices and assets' value in …