talk about the economy? We propose a simple framework that allows us to estimate communication rules in the United States … based on text analysis with regularized regressions. We find strong evidence for systematic communication rules that vary …’s communication rule and use it to investigate how much of the disagreement between the market and the Fed come from disagreement …

Central bank communication plays an important role in shaping market participants' expectations. This paper studies a … economic dynamics, resulting in welfare-reducing fluctuations. On the contrary, central bank communication of policy rules …

Central bank communication plays an important role in shaping market participants’ expectations. This paper studies a … economic dynamics, resulting in welfare-reducing fluctuations. On the contrary, central bank communication of policy rules …

talk about the economy? We propose a simple framework that allows us to estimate communication rules in the United States … based on text analysis with regularized regressions. We find strong evidence for systematic communication rules that vary …'s communication rule and use it to investigate how much of the disagreement between the market and the Fed come from disagreement …

lessons for monetary policy strategy and its communication. All three central banks provided appropriate accommodation during …

policymaking. Advocates and practitioners of the ITF have made many contributions to clear goal setting and communication by … central banks. However, we contend that ITF communication policies both as advocated and practiced often have some elements …-gap stabilization and faces a conventional (exploitable) Phillips-curve trade-off. We point out some problems that the ITF communication …