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Using the microdata of the Michigan Survey of Consumers, we evaluate whether U.S. consumers form macroeconomic … higher than 2%. Moreover, consistency with respect to all three concepts is affected by changes in the communication policy …
Persistent link: https://www.econbiz.de/10010425155
Persistent link: https://www.econbiz.de/10010228794
Using the microdata of the Michigan Survey of Consumers, we evaluate whether U.S. consumers form macroeconomic …, consistency with respect to all three concepts is affected by changes in the communication policy of the Fed, where the strongest …
Persistent link: https://www.econbiz.de/10013073136
Using the microdata of the Michigan Survey of Consumers, we evaluate whether U.S. consumers form macroeconomic …, consistency with respect to all three concepts is affected by changes in the communication policy of the Fed, where the strongest …
Persistent link: https://www.econbiz.de/10013073240
After the financial crisis of 2008, central banks around the world have increased their communication efforts to reach … role of narratives and preferences and lastly, we survey the research on causal effects of central bank communication on …
Persistent link: https://www.econbiz.de/10014416136
After the financial crisis of 2008, central banks around the world have increased their communication efforts to reach … role of narratives and preferences and lastly, we survey the research on causal effects of central bank communication on …
Persistent link: https://www.econbiz.de/10014383922
This paper surveys the literature on the role and effects of central bank communication with the general public … "communication revolution" in central bank communication. The challenges for central bank communication with the public are outlined … evaluate the effects of direct communication, distinguishing between challenges to getting the attention of the public and …
Persistent link: https://www.econbiz.de/10014384011
This paper surveys the literature on the role and effects of central bank communication with the general public … "communication revolution" in central bank communication. The challenges for central bank communication with the public are outlined … evaluate the effects of direct communication, distinguishing between challenges to getting the attention of the public and …
Persistent link: https://www.econbiz.de/10014416131
We empirically investigate whether monetary policy announcements affect firms' and consumers' expectations by taking into account media treatments of monetary policy announcements. To identify exogenous changes in monetary policy stances, we use the standard financial monetary policy surprise...
Persistent link: https://www.econbiz.de/10012620697
Do firms' and consumers' expectations react to central bank announcements? Past literature has come to divergent conclusions, but it has systematically ignored how media treat the announcements. This paper investigates the link between monetary policy announcements and expectations by taking...
Persistent link: https://www.econbiz.de/10014267174