Showing 1 - 10 of 29
Persistent link: https://www.econbiz.de/10013279256
. This article surveys a rapidly-growing literature on central bank communication with the public. We first discuss why and … how such communication is more challenging than communicating with expert audiences. Then we survey the empirical evidence …
Persistent link: https://www.econbiz.de/10013329414
, contributes to financial stability. Therefore, the communication policies of banking supervisors should aim to improve the public …
Persistent link: https://www.econbiz.de/10008783626
central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … information provided by a Taylor rule model in which real time expected inflation and output are used. We use five indicators of … ECB communication that are all based on the ECB President's introductory statement at the press conference following an …
Persistent link: https://www.econbiz.de/10010285832
We examine the role of money in the policies of the ECB, using introductory statements of the ECB President at the monthly press conferences during 1999-2004. Over time, the relative amount of words devoted to the monetary analysis has decreased. Our analysis of indicators of the monetary policy...
Persistent link: https://www.econbiz.de/10010285913
central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … information provided by a Taylor rule model in which real time expected inflation and output are used. We use five indicators of … ECB communication that are all based on the ECB President’s introductory statement at the press conference following an …
Persistent link: https://www.econbiz.de/10004969854
Since its inception, the European Central Bank (ECB) has regarded communication as anintegral part of its monetary …, overall, ECB communication has contributed to the effectiveness of its monetary policy. Our review of the literature shows … reacted to ECB communication. In addition, there is evidence that communication has improved the predictability of interest …
Persistent link: https://www.econbiz.de/10004983366
central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … information provided by a Taylor rule model in which real time expected inflation and output are used. We use five indicators of … ECB communication that are all based on the ECB President’s introductory statement at the press conference following an …
Persistent link: https://www.econbiz.de/10005013956
We examine the role of money in the policies of the ECB, using introductory statements of the ECB President at the monthly press conferences during 1999-2004. Over time, the relative amount of words devoted to the monetary analysis has decreased. Our analysis of indicators of the monetary policy...
Persistent link: https://www.econbiz.de/10005731470
Persistent link: https://www.econbiz.de/10012019835