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In this paper, we examine the relationship between market participants' perception of central bank predictability and their assessment of central bank communication skills and success in conveying objectives as well as the importance of transparency-enhancing measures, such as voting records,...
Persistent link: https://www.econbiz.de/10011447433
In this paper, we examine the relationship between market participants' perception of central bank predictability and their assessment of central bank communication skills and success in conveying objectives as well as the importance of transparencyenhancing measures, such as voting records,...
Persistent link: https://www.econbiz.de/10011447633
Persistent link: https://www.econbiz.de/10011743548
Persistent link: https://www.econbiz.de/10009788797
Persistent link: https://www.econbiz.de/10009788857
In this paper, we study whether central bank communication has a positive effect on market participants' perception of central banks' (i) credibility, (ii) unorthodox measures, and (iii) independence. We utilise a survey of more than 500 financial market participants from around the world who...
Persistent link: https://www.econbiz.de/10010356195
In this paper, we study whether central bank communication has a positive effect on market participants’ perception of central banks’ (i) credibility, (ii) unorthodox measures, and (iii) independence. We utilise a survey of more than 500 financial market participants from around the world...
Persistent link: https://www.econbiz.de/10010226327
Persistent link: https://www.econbiz.de/10012225136
Using a randomized controlled trial, we study whether showing German respondents a graph plotting the European Central Bank's inflation target alongside inflation in the euro area from 1999 to 2017 affects respondents' trust in the ECB. The treatment has, on average, no significant effect on the...
Persistent link: https://www.econbiz.de/10014338856
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