Shrimali, Suruchi and Ahmad, Wasim (2022) Words that send waves to the Indian stock market: investigating RBI's communication. Economic and Political Weekly, 57 (41). pp. 10-13. ISSN 0012-9976
Full text not available from this repository.Abstract
The study draws attention to the Reserve Bank of India's communication as a policy tool and its impact on market participants. It fi rst aims to quantify the qualitative variable-communication by employing textual analysis methods. The investigation starts by extracting the tone of monetary policy statements and trace its transmission on market sentiment in the presence of various informational, macroeconomic, and fi nancial controls. The work concludes that market participants draw inferences from the tone of the RBI's monetary policy statement and update their information set about the present state and prospects.
| Item Type: | Article |
|---|---|
| Additional Information: | © 2022 Economic and Political Weekly. All rights reserved. |
| Divisions: | International Inequalities Institute |
| Subjects: | J Political Science H Social Sciences > HB Economic Theory |
| Date Deposited: | 27 Oct 2022 09:15 |
| Last Modified: | 26 Oct 2024 19:36 |
| URI: | http://eprints.lse.ac.uk/id/eprint/117188 |
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