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Central Bank Transparency and Nonlinear Learning Dynamics

Eusepi, Stefano - 2008

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 …

Persistent link: https://www.econbiz.de/10014214926

Rules versus discretion in Central Bank Communication

Galvão, Raphael; Shalders, Felipe - 2020

Persistent link: https://www.econbiz.de/10012243338

Rules versus discretion in Central Bank communication

Galvão, Raphael; Shalders, Felipe - In: International journal of economic theory 19 (2023) 2, pp. 177-203

Persistent link: https://www.econbiz.de/10014325293

Communicating monetary policy rules

Davig, Troy; Foerster, Andrew - 2021

Persistent link: https://www.econbiz.de/10012548634

Central Bank communication with the general public : promise or false hope?

Blinder, Alan S.; Ehrmann, Michael; Haan, Jakob de; … - 2022

. This article surveys a rapidly-growing literature on central bank communication with the public. We first discuss why and … how such communication is more challenging than communicating with expert audiences. Then we survey the empirical evidence …

Persistent link: https://www.econbiz.de/10013329414

Just words?: a quantitative analysis of the communication of the Central Bank of Brazil

Carvalho, Carlos Viana de; Cordeiro, Fernando; Vargas, … - 2013

We quantify the informational content of statements issued by the interest-rate setting committee of the Central Bank of Brazil (COPOM), building on the methodology developed by Lucca and Trebbi (2011). Using Google search queries, we measure the extent to which each COPOM statement is perceived...

Persistent link: https://www.econbiz.de/10010199541