We are passionate about data

Central bank communication has gone from being something 'not done' to a core tool of central banks over the past three decades.This website is based on and uses data from Lauren's PhD project which aims to discover systematic insights into this major transformation. She does this in several (joint) papers. First, Lauren, Simeon and Maximilian, propose a novel LLM based method to measure responses of central banks to various pressures in their monetary communication. Second, Lauren and Simeon examine how central bank independence shapes monetary policy. Third, Lauren examines how institutional aspects, in this case the Eurosystem multi-level set-up, influences agenda-setting and responsiveness in central bank communication. This is still ongoing work and updates will be added.