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The timing of central bank communication
Ehrmann, Michael (contributor);  … - 2005
Federal Reserve, the Bank of England and the European Central Bank communicate with the public, and under what circumstances …
Persistent link: https://www.econbiz.de/10003230443
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Communication of monetary policy in unconventional times
Coenen, Günter; Ehrmann, Michael; Gaballo, Gaetano; … - 2017
economy, the introduction of new policy tools and possible limits to the central bank 's toolkit could hamper the … only a short horizon, and that the credibility of forward guidance is strengthened if the central bank also has embarked on …
Persistent link: https://www.econbiz.de/10011663996
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Can more public information raise uncertainty? : the international evidence on forward guidance
Ehrmann, Michael; Gaballo, Gaetano; Hoffmann, Peter; … - 2019
Central banks have used different types of forward guidance, where the forward guidance horizon is related to a state contingency, a calendar date or left open-ended. This paper reports cross-country evidence on the impact of these different types of forward guidance on the sensitivity of bond...
Persistent link: https://www.econbiz.de/10011997441