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The language of rules: textual complexity in banking reforms

Published in Bank of England Staff Working Paper, 2019

This paper is about measuring complexity of banking regulations. We use multiple measures and show how complexity increased following the post-2007 reforms.

Recommended citation: Amadxarif, Z., Brookes, J., Garbarino, N., Patel, R., Walczak, E. (2019). The language of rules: textual complexity in banking reforms. Bank of England Staff Working Paper No. 834. https://www.bankofengland.co.uk/-/media/boe/files/working-paper/2019/the-language-of-rules-textual-complexity-in-banking-reforms.pdf

Enhancing central bank communications using simple and relatable information

Published in Journal of Monetary Economics, 2019

We conducted large online experiments with representative samples of the UK population showing how simple and relatable information can make central banks’ communication easier to understand.

Recommended citation: Bholat, D., Broughton, N., Ter Meer, J., Walczak, E. (2019). Enhancing central bank communications using simple and relatable information. Journal of Monetary Economics, 108, 1-15. https://doi.org/10.1016/j.jmoneco.2019.08.007

Impacts of the Covid-19 crisis: Evidence from 2 million UK SMEs

Published in Bank of England Working Paper, 2021

This paper analyses cash flows of all UK SMEs during the Covid-19 crisis.

Recommended citation: Hurley, J., Karmakar, S., Markoska, E., Walczak, E., Walker, D. (2021). Impacts of the Covid-19 crisis: evidence from 2 million UK SMEs. Bank of England Staff Working Paper No. 924. https://www.bankofengland.co.uk/-/media/boe/files/working-paper/2021/impacts-of-the-covid-19-crisis-evidence-from-2-million-uk-smes.pdf

Eryk Walczak