Blinder, Alan S.; Ehrmann, Michael; Fratzscher, Marcel; … - Griswold Center for Economic Policy Studies, Department … - 2008
predictability of monetary policy decisions, and potentially to help achieve central banks’ macroeconomic objectives. However, the …Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real …-world developments have spawned a huge new scholarly literature on central bank communication—mostly empirical, and almost all of it …