Monetary Policy on Twitter and its Effect on Asset Prices: Evidence from Computational Text Analysis

In this paper we dissect the public debate about the future course of monetary policy and trace the effects of selected topics of this discourse on U.S. asset prices. We focus on the \taper tantrum" episode in 2013, a period with large revisions in expectations about Fed policy. Based on a n...

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Publicat a:MAGKS - Joint Discussion Paper Series in Economics (Band 12-2016)
Autors principals: Lüdering, Jochen, Tillmann, Peter
Format: Article
Idioma:anglès
Publicat: Philipps-Universität Marburg 2016
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MAGKS - Joint Discussion Paper Series in Economics