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Introduction

1 May 2021 RDP 2021-05
Joan Huang and John Simon
RDP 2021-05: Central Bank Communication: One Size Does Not Fit All 1. Introduction. Joan Huang and John Simon. May 2021. Download the Paper 2,051. KB. Central banking used to be a rather secretive business. As Janet Yellen (2012) noted in a speech
https://www.rba.gov.au/publications/rdp/2021/2021-05/introduction.html

Appendix D: Model Validation Results

1 May 2021 RDP 2021-05
Joan Huang and John Simon
RDP 2021-05: Central Bank Communication: One Size Does Not Fit All Appendix D: Model Validation Results. Joan Huang and John Simon. May 2021. Download the Paper 2,051. KB. We apply our fine-tuned RF models to the validation dataset and the
https://www.rba.gov.au/publications/rdp/2021/2021-05/appendix-d.html

Results

1 May 2021 RDP 2021-05
Joan Huang and John Simon
RDP 2021-05: Central Bank Communication: One Size Does Not Fit All 7. Results. Joan Huang and John Simon. May 2021. Download the Paper 2,051. KB. With the models trained we now apply them to a number of economic documents to demonstrate how they can
https://www.rba.gov.au/publications/rdp/2021/2021-05/results.html

References

1 May 2021 RDP 2021-05
Joan Huang and John Simon
RDP 2021-05: Central Bank Communication: One Size Does Not Fit All References. Joan Huang and John Simon. May 2021. Download the Paper 2,051. KB. Azar M (1999), ‘Argumentative Text as Rhetorical Structure: An Application of Rhetorical Structure
https://www.rba.gov.au/publications/rdp/2021/2021-05/references.html

Survey Results

1 May 2021 RDP 2021-05
Joan Huang and John Simon
RDP 2021-05: Central Bank Communication: One Size Does Not Fit All 4. Survey Results. Joan Huang and John Simon. May 2021. Download the Paper 2,051. KB. The survey was sent to approximately 300 RBA staff and complete responses were received from 199.
https://www.rba.gov.au/publications/rdp/2021/2021-05/survey-results.html

Methodology and Model Data

1 May 2021 RDP 2021-05
Joan Huang and John Simon
RDP 2021-05: Central Bank Communication: One Size Does Not Fit All 5. Methodology and Model Data. Joan Huang and John Simon. May 2021. Download the Paper 2,051. KB. While the descriptive analysis above has highlighted a number of interesting
https://www.rba.gov.au/publications/rdp/2021/2021-05/methodology-and-model-data.html

Data

1 May 2021 RDP 2021-05
Joan Huang and John Simon
RDP 2021-05: Central Bank Communication: One Size Does Not Fit All 3. Data. Joan Huang and John Simon. May 2021. Download the Paper 2,051. KB. As noted above, there are 3 main dimensions to central bank communication that we are interested in: what
https://www.rba.gov.au/publications/rdp/2021/2021-05/data.html

The Models

1 May 2021 RDP 2021-05
Joan Huang and John Simon
RDP 2021-05: Central Bank Communication: One Size Does Not Fit All 6. The Models. Joan Huang and John Simon. May 2021. Download the Paper 2,051. KB. We have 4 different datasets to model: readability for economists, reasoning for economists,
https://www.rba.gov.au/publications/rdp/2021/2021-05/the-models.html

What is Effective Central Bank Communication?

1 May 2021 RDP 2021-05
Joan Huang and John Simon
https://www.rba.gov.au/publications/rdp/2021/2021-05/what-is-effective-central-bank-communication.html