Hayo, Bernd; Neuenkirch, Matthias - 2016 - This version: 3 April 2016
In this paper, we examine the relationship between market participants' perception of central bank predictability and … and their overall communication skills on the one hand, and market participants' perception of the banks' predictability … contribute to better central bank predictability. This raises doubts about the widely-held notion that implementing ever more …