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Researchers have carefully studied post-meeting central bank communication and have found that it often moves markets, but they have paid less attention to the more frequent central bankers' speeches. We create a novel dataset of US Federal Reserve speeches and use supervised multimodal natural language processing methods to identify how monetary policy news affect financial volatility and tail risk through implied changes in forecasts of GDP, inflation, and unemployment. We find that news in central bankers’ speeches can help explain volatility and tail risk in both equity and bond markets. We also find that markets attend to these signals more closely during abnormal GDP and inflation regimes. Our results challenge the conventional view that central bank communication primarily resolves uncertainty
Richard Keith Herring (born 12 July 1967) is an English stand-up comedian and writer, whose early work includes the comedy double act Lee and Herring (alongside Stewart Lee). He is described by The British Theatre Guide as "one of the leading hidden masters of modern British comedy". Towards the end of the double act, Herring also worked as a writer, producing four plays. After Lee and Herring went their separate ways he co-wrote the sitcom Time Gentlemen Please, but quickly returned to performance with concept-driven one-person shows like Talking Cock, Hitler Moustache and Christ on a Bike as well as regular circuit stand-up. Herring has created thirteen of these stand-up shows since 2004, performing them for eleven consecutive years at the Edinburgh Festival Fringe, with annual tours and a final performance recorded for DVD. His 2016–17 show was a 'best of' tour, drawing from these shows. Herring is recognised as a pioneer of comedy podcasting, initially with broadcaster Andrew Collins on The Collings and Herrin Podcast and subsequently with high-profile comedians and celebrities such as Dawn French, Michael Palin and Stephen Fry on Richard Herring's Leicester Square Theatre Podcast. He has maintained a daily blog called Warming Up without a break since 25 November 2002. His blog is archived by the British Library for purposes of UK documentary heritage. (Source: DBPedia)
Richard Keith Herring (born 12 July 1967) is an English stand-up comedian and writer, whose early work includes the comedy double act Lee and Herring (alongside Stewart Lee). He is described by The British Theatre Guide as "one of the leading hidden masters of modern British comedy". Towards the end of the double act, Herring also worked as a writer, producing four plays. After Lee and Herring went their separate ways he co-wrote the sitcom Time Gentlemen Please, but quickly returned to performance with concept-driven one-person shows like Talking Cock, Hitler Moustache and Christ on a Bike as well as regular circuit stand-up. Herring has created thirteen of these stand-up shows since 2004, performing them for eleven consecutive years at the Edinburgh Festival Fringe, with annual tours and a final performance recorded for DVD. His 2016–17 show was a 'best of' tour, drawing from these shows. Herring is recognised as a pioneer of comedy podcasting, initially with broadcaster Andrew Collins on The Collings and Herrin Podcast and subsequently with high-profile comedians and celebrities such as Dawn French, Michael Palin and Stephen Fry on Richard Herring's Leicester Square Theatre Podcast. He has maintained a daily blog called Warming Up without a break since 25 November 2002. His blog is archived by the British Library for purposes of UK documentary heritage. (Source: DBPedia)
Q29447353
Publishing years
1
2022
4
2018
1
2017
7
2016
2
2015
1
2014
4
2013
3
2012
14
2011
9
2010
3
2009
2
2008
5
2007
1
2006
4
2005
1
2004
6
2003
3
2001
3
2000
5
1999
2
1995
1
1993
1
1992
2
1990
2
1989
1
1987
3
1986
6
1985
6
1984
6
1983
1
1977
1
1973
Series
Working papers / Financial Institutions Center (27)
Brookings discussion papers in international economics (12)
Essays in international finance (3)
Weiss Center working papers (2)
ADB Institute research paper series (2)
Geneva reports on the world economy (1)
Financial Institutions Center (1)
Occasional paper / Group of Thirty (1)
Integrating national economies: promise and pitfalls (1)
Occasional paper / Studieförbundet Näringsliv och Samhälle (1)
Papers and proceedings / American Finance Association (1)
Studies in international economics (1)
The Program in International Banking and Finance, University of Pennsylvania, the Wharton School, Working Paper (1)