Communication has become an integral part of the strategy of modern central banks. Over the past two decades central banks have generally become more transparent in communicating their objectives, explaining their strategy for setting the policy rate, providing their views regarding the economic...

The goal of this conference is to present and discuss recent developments in the use of quantitative structural models to simulate and evaluate alternative monetary and fiscal policies. The conference will emphasize models with optimizing foundations that are parameterized to match features of...