sentiment (considering both confidence and uncertainty) and economic activity. Second, we review existing empirical measures of … sentiment, in particular consumer confidence, stock market volatility (SMV) and Economic Policy Uncertainty (EPU), on monthly … across countries, suggesting the existence of a global factor. Consumer confidence has the closest co-movement with economic …

Media coverage of monetary policy actions is a central channel of a central bank's communication with the wider public …

investment in a model in which firms borrow from both bank and non-bank lenders. The bank funds loans with insured deposits and … competitively price loans. A tight capital requirement on the bank reduces risk-shifting and decreases bank leverage, reducing the … risk of costly bank failure. In response, though, the bank can change both price and non-price contract terms. This may …

reallocates mostly towards safer producers. Lending standards propagate bank capital shortfalls through labor misallocation … increasing. Finally, with endogenous lending standards, first-moment bank capital shocks look like second-moment shocks. …

culture. However, the role of cognitive processes has largely been neglected, especially in the analysis of central bank trust …. In this paper we aim to address this gap focusing on the case of the European Central Bank (ECB).We introduce the … driven by women, and in particular by those who say they possess a low understanding of the central bank's policies. …

This paper explores how discretionary fiscal policies on the revenue side of the government budget have reacted to …-adjustment methods point to a-cyclicality. - Discretionary fiscal policies ; government revenues ; cyclical sensitivity ; legislation …