Related papers: Federal Reserve Communication and the COVID-19 Pan…
It is important and informative to compare and contrast major economic crises in order to confront novel and unknown cases such as the COVID-19 pandemic. The 2006 Great Recession and then the 2019 pandemic have a lot to share in terms of…
The COVID-19 recession that started in March 2020 led to an unprecedented decline in economic activity across the globe. To fight this recession, policy makers in central banks engaged in expansionary monetary policy. This paper asks…
Grave human toll notwithstanding, the COVID-19 pandemic created uniquely unstable conditions in financial markets. In this work we uncover and discuss relationships involving sentiment in financial publications during the 2020…
We propose a novel approach to assess the public's coping behavior during the COVID-19 outbreak by examining the emotions. Specifically, we explore (1) changes in the public's emotions with the COVID-19 crisis progression and (2) the…
The advent of the COVID-19 pandemic has undoubtedly affected the political scene worldwide and the introduction of new terminology and public opinions regarding the virus has further polarized partisan stances. Using a collection of tweets…
This review provides an overview of concepts relating to the communication of statistical and empirical evidence in times of crisis, with a special focus on COVID-19. In it, we consider topics relating both to the communication of numbers…
This study explores the influence of FOMC sentiment on market expectations, focusing on cognitive differences between experts and non-experts. Using sentiment analysis of FOMC minutes, we integrate these insights into a bounded rationality…
Risk and response communication of public agencies through social media played a significant role in the emergence and spread of novel Coronavirus (COVID-19) and such interactions were echoed in other information outlets. This study…
Effective communication during health crises is critical, with social media serving as a key platform for public health experts (PHEs) to engage with the public. However, it also amplifies pseudo-experts promoting contrarian views. Despite…
The effectiveness of central bank communication is a crucial aspect of monetary policy transmission. While recent research has examined the influence of policy communication by the chairs of the Federal Reserve on various financial…
This study investigates how the U.S. Centers for Disease Control and Prevention (CDC) communicated COVID-19 guidance on Twitter and how publics responded over two years of the pandemic. Drawing on 275,124 tweets mentioning or addressing…
Communication is now a standard tool in the central bank's monetary policy toolkit. Theoretically, communication provides the central bank an opportunity to guide public expectations, and it has been shown empirically that central bank…
The COVID-19 pandemic has created many problems, especially in people's social lives. There has been increasing isolation and economic hardships since the beginning of the pandemic for people all over the world. Quarantines and lockdowns…
A recent study leveraging text of pandemic-related policymaking from 1973--2020 explored whether pandemic policymaking has evolved, or whether we are witnessing a new, unique era of policymaking as it relates to large-scale crises like…
As the COVID-19 pandemic evolved, the Centers for Disease Control and Prevention (CDC) used Twitter to disseminate safety guidance and updates, reaching millions of users. This study analyzes two years of tweets from, to, and about the CDC…
The COVID-19 pandemic has caused international social tension and unrest. Besides the crisis itself, there are growing signs of rising conflict potential of societies around the world. Indicators of global mood changes are hard to detect…
E-mail ``Messages From the President'' to university students, staff, and faculty have long been used to keep campus communities aware of the latest policies, events, and news. But during the COVID-19 pandemic, as universities quickly…
This paper investigates the relationship between the spread of the COVID-19 pandemic, the state of community activity, and the financial index performance across 20 countries. First, we analyze which countries behaved similarly in 2020 with…
This study investigates the use of causal narratives in public social media communications by U.S. public agencies over the first fifteen months of the COVID-19 pandemic. We extract causal narratives in the form of cause/effect pairs from…
The COVID-19 pandemic has affected all aspects of society, not only bringing health hazards, but also posing challenges to public order, governments and mental health. Moreover, it is the first one in history in which people from around the…