This paper discusses the evolution of central bank com munication, focusing on recent efforts by central banks to engage with a wider audience via social media. We document the social media presence of major central banks and discuss how analyzing Twitter content by and about monetary policy makers can inform about the effectiveness of communication in influencing beliefs. We focus on recent techniques employed in analyz ing social media content in order to understand how central bank communication affects expectations and, subsequently, behavior in financial markets.

Central bank communication and social media: from silence to Twitter

Masciandaro, Donato;Peia, Oana;Romelli, Davide
In corso di stampa

Abstract

This paper discusses the evolution of central bank com munication, focusing on recent efforts by central banks to engage with a wider audience via social media. We document the social media presence of major central banks and discuss how analyzing Twitter content by and about monetary policy makers can inform about the effectiveness of communication in influencing beliefs. We focus on recent techniques employed in analyz ing social media content in order to understand how central bank communication affects expectations and, subsequently, behavior in financial markets.
In corso di stampa
2023
Masciandaro, Donato; Peia, Oana; Romelli, Davide
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/4061257
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