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Pirkka Jalasjoki

Bank of Finland - Research

P.O. Box 160

FIN-00101 Helsinki

Finland

SCHOLARLY PAPERS

6

DOWNLOADS

842

TOTAL CITATIONS

19

Scholarly Papers (6)

1.

Reading between the Lines: Using Text Analysis to Estimate the Loss Function of the ECB

Bank of Finland Research Discussion Paper No. 12/2020
Number of pages: 48 Posted: 14 Jan 2021 Last Revised: 18 Nov 2021
Bank of Finland - Research, Bank of Finland - Research, Bank of Finland - Research, Bank of Finland - Research and Bank of Finland
Downloads 284 (267,252)
Citation 1

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central bank communication, ECB, monetary policy, textual analysis, inflation target, real time projections, loss function

2.

The Bias and Efficiency of the ECB Inflation Projections: A State Dependent Analysis

Bank of Finland Research Discussion Paper No. 7/2021
Number of pages: 36 Posted: 30 Apr 2021 Last Revised: 18 Nov 2021
Eleonora Granziera, Pirkka Jalasjoki and Maritta Paloviita
Norges Bank, Bank of Finland - Research and Bank of Finland - Research
Downloads 170 (442,467)
Citation 4

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3.

Reading Between the Lines - Uncovering Asymmetry in the Central Bank Loss Function

Bank of Finland Research Discussion Paper No. 6/2024
Number of pages: 95 Posted: 18 Jun 2024
Bank of Finland - Research, Bank of Finland - Research, Bank of Finland - Research, Bank of Finland - Research, Bank of Finland - Research and Bank of Finland
Downloads 135 (540,814)
Citation 1

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central bank communication, textual analysis, language models, asymmetric loss function, optimal monetary policy

4.

What Does “Below, But Close to, Two Percent” Mean? Assessing the Ecb's Reaction Function with Real Time Data

Bank of Finland Research Discussion Paper No. 29/2017
Number of pages: 45 Posted: 09 Oct 2017 Last Revised: 18 Nov 2021
Bank of Finland - Research, Bank of Finland - Research, Bank of Finland - Research and Bank of Finland - Research
Downloads 126 (572,948)
Citation 12

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credibility, inflation target, monetary policy, realtime projections, Taylor rule

5.

The Bias of the ECB Inflation Projections: a State-Dependent Analysis

Bank of Finland Research Discussion Paper No. 4/2024
Number of pages: 36 Posted: 18 Jun 2024
Eleonora Granziera, Pirkka Jalasjoki and Maritta Paloviita
Norges Bank, Bank of Finland - Research and Bank of Finland - Research
Downloads 87 (759,537)
Citation 1

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Inflation Forecasts, Forecast Evaluation, ECB, Central Bank Communication

6.

ECB’s Evolving Communication and Policy Preferences Since 2021 Strategy Review

Bank of Finland Research Discussion Paper No. 3/2025
Number of pages: 21 Posted: 13 Mar 2025
Bank of Finland - Research, Bank of Finland - Research, Bank of Finland - Research, Bank of Finland - Research and Bank of Finland - Research
Downloads 40 (1,183,237)

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asymmetric loss function, central bank communication, textual analysis, topic model, optimal monetary policy