Cihák, Martin; Smídková, Katerina; Bulir, Ales - International Monetary Fund (IMF) - 2008
of the European Central Bank (ECB) in 1999-2007. The analysis identifies the ECB's written communication as clear about … available. We also find that the additional information contained in the ECB's Monthly Bulletins helps to improve communication … clarity compared to ECB's press releases. In particular, the Bulletins contain useful clarifying information on individual …