Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - C.E.P.R. Discussion Papers - 2011
private agents to be successful--and much of this communication is channeled through the media. This is especially true for … decisions are reported upon in the print media. We find that media coverage is, among other things, influenced by the amount of … information communicated by the ECB. There are, however, also indications of a critical monitoring role assumed by the media …