Matthew Naylor

Economist at @bankofengland and PhD candidate at @UniofOxford. Views are my own.

[Matthew Naylor @MatthewNaylor_]

Sharing an updated @BoE_Research version of my working paper with Niki Anesti & Vania Esady showing that food prices matter most for household inflation expectations. Many new results including uncovering persistent, non-linear, and asymmetric dynamics.

https://t.co/oRc3W6YAEi

[Michael McMahon @mcmahonecon]

Really excited to be going to this event on communication of maths to talk about my work with @MatthewNaylor_ on comms of complex economics.

[Matthew Naylor @MatthewNaylor_]

Presenting a paper recently published as a #LSE #CfM DP on household inflation expectations tomorrow at the #EEARotterdam. Come on down if you're around!
https://t.co/5BHODKzATL

[Matthew Naylor @MatthewNaylor_]

Our results identify banks’ responses to the GSIB fwk as a direct contributor to year-end market volatility.

[Matthew Naylor @MatthewNaylor_]

Happy to share my new WP published by the #BaselCommittee at the @BIS, joint with @RenzoCorrias and Peter Welz. Our analysis, causally attributing banks’ window-dressing bhvr to attempts to arbitrage the #GSIB fwk, has underpinned the below consultation. https://t.co/ruCByCcqsa

[Bank for International Settlements @BIS_org]

The #BaselCommittee consultation on window-dressing proposes to require banks to report and disclose the indicators used to calculate #GSIB scores based on average values over the reporting year, rather than year-end values #BaselIII https://t.co/loTVG3XR4Y

[Matthew Naylor @MatthewNaylor_]

This bhvr accounts for half of the observed year-end contractions in notional derivatives, equating to 30 trillion EUR per year – 5% of total global activity.

[Bank of England Research @BoE_Research]

SWP 1047 by Matthew Naylor (BoE) and Michael McMahon @mcmahonecon (@OxfordEconDept) argues traditional semantic measures of linguistic complexity are less effective for evaluating central bank comms and suggest conceptual complexity measures are better
https://t.co/q6DH50REvl

[Matthew Naylor @MatthewNaylor_]

Our results suggest that policy institutions could benefit from paying particular attention to ‘conceptual’ complexity for effective policy communication design. 7/7

[Matthew Naylor @MatthewNaylor_]

Using my very first tweet to announce a new @BoE_Research and @cepr_org working paper with @mcmahonecon. We investigate how complex information can be communicated effectively to a broad range of audiences. 1/7 https://t.co/WTCijFgk5m

[Matthew Naylor @MatthewNaylor_]

Applying the CCI to quarterly BoE publications, we show that efforts to simplify language have focused on the Flesch-Kincaid score. Yet, the conceptual complexity (which matters more for ‘getting through’) has not followed the same trend-decline. 6/7