information (data collection and processing) and communication (relationships and distribution). Both follow historic trends …. We argue that in particular the rise of new communication channels can lead to the vertical and horizontal disintegration …

This paper assesses the quality of the CBC's communication policy by looking at the predictability and effectiveness of … for the three major communication channels of the CBC: the release of policy meetings' statements, minutes, and monetary … monetary policy surprises associated with meeting statements and the impact of the above communication channels on asset …

effective monetary policy communication will only increase as China continues to liberalize its financial system and open its … markets of the PBC's main communication channels, including a novel communication channel. The results suggest that there has … been significant progress but that PBC communication is still evolving toward the level of other major economies. The paper …

; this means that the central bank may prefer to focus its communication policies on the information it knows most about …

methodology for the empirical evaluation of consistency in central bank communication. We find that the three communication tools …

This paper considers optimal communication by monetary policy committees in a model of imperfect knowledge and learning …. The main policy implications are that there may be costs to central bank communication if the public is perpetually … communication under majority voting is more likely to be beneficial in this case. It is also shown that a chairman with stable …