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ECB language and stock returns – A textual analysis of ECB press conferences

The Quarterly Review of Economics and Finance, 2020
We examine how the language used by central bank officials in public press conferences influences stock returns in the euro area. In line with the concept of Odyssean Forward Guidance, we find that using constraining language to express policy commitment increases the effectiveness of Forward Guidance in times of unconventional monetary policy.
Rouven Möller, Doron Reichmann
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Managing the ECBS process-towards a system theory for ECBS

Proceedings 1994 Tutorial and Workshop on Systems Engineering of Computer-Based Systems, 2002
This paper is concerned with outlining a system theory for the engineering of computer-based systems (ECBS), and deducing policies for ECBS process management from it. We first review the scope and strategic state of a discipline of ECBS and motivate the need for an engineering theory.
Schweizer, Gerhard, Voss, Markus
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ECB-Cycles

2018
This paper takes the effect of FOMC cycles as found by Cieslak et al. (2016) as a basis to find a similar effect of the ECB with respect to European markets. By examining several US equity indices, it can be confirmed that weeks in which FOMC meetings happen and even weeks thereafter are characterized by higher return than uneven cycle-weeks.
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Improving ECB’s efficiency

Strategic HR Review, 2006
The European Central Bank (ECB) is one of the increasing numbers of companies relying on software‐based solutions to make their recruitment processes more efficient. In 2004, HR staff at ECB introduced i‐GRasp, a talent management solution from StepStone, a specialist in technology enabled recruitment.
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ECB vs FED

2012
Στην παρούσα εργασία κάνουμε μια συγκριτική ανάλυση του ευρωσυστήματος και του Αμερικάνικου Συστήματος Ομοσπονδιακών Τραπεζών. Στο πρώτο κεφάλαιο αναφερόμαστε στα βασικά θεσμικά τους χαρακτηριστικά που αντικατοπτρίζουν το διαφορετικό ιστορικό πλαίσιο, το οποίο οδήγησε στη δημιουργία τους και καθορίζει την προσωπικότητα και το χαρακτήρα της κάθε μίας ...
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FUNDAMENTAL PROCEDURAL RIGHTS AND ECB BANKING SUPERVISION: AN ECB HEARING OFFICER?

This article explores the possibility of establishing a position at the European Central Bank (ECB) along the lines of the Hearing Officer (HO) provided for in European competition law; a position whose task would be to safeguard the effective exercise of procedural rights throughout the supervisory proceedings carried out by the ECB.
Paola Chirulli, Luca De Lucia
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ECB Unbound?

JURA - Juristische Ausbildung, 2017
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ECBS benefits

Proceedings ECBS'99. IEEE Conference and Workshop on Engineering of Computer-Based Systems, 2005
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ECB Credibility and Transparency [PDF]

open access: possible, 2008
This paper argues that ECB credibility in delivering price stability is being progressively eroded; this problem could be overcome by embracing greater transparency especially about the ECB's objectives, macroeconomic forecasts and decision-making. During the ECB's first decade, average inflation in the euro area has been low, but it has failed to ...
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