, Germany, Italy, the UK and the US. The following results emerge from our analysis. First, and contrary to the recent findings …

Sims and Zha (1999, 2006), the empirical evidence for the U.S., the U.K., Germany, and Italy shows that it is important to … minor role in the asset markets of the U.S. and Germany; (ii) they substantially increase the variability of housing and … Italy. -- Bayesian Structural VAR ; fiscal policy ; housing prices ; stock prices …

, fiscal data; and (vii) analyze empirical evidence from the U.S., the U.K., Germany, and Italy. The results show that …

wage setting is relatively centralized. This result is consistent with recent theoretical approaches to central bank …

and therefore policy outcomes. We then apply our results to the Bank of England and the Federal Reserve. A general finding … expressed by the members, as is the case at the Bank of England and appears to be the case in the FOMC under Chairman Bernanke …. -- Monetary policy committee ; voting ; Bank of England ; Federal Open Market Committee …

This paper describes the response of three central banks to the 2007-09 financial crisis: the European Central Bank …, the Federal Reserve and the Bank of England. In particular, the paper discusses the design, implementation and impact of …

The paper shows that central bank communication is a key determinant of the market's ability to anticipate monetary … policy decisions and the future path of interest rates. Comparing communication policies by the Federal Reserve, the Bank of … the diversity of views on the economic outlook that enhance the effectiveness of central bank communication …

Federal Reserve, the Bank of England and the European Central Bank communicate with the public, and under what circumstances …

The paper assesses the communication strategies of the Federal Reserve, the Bank of England and the European Central … Bank and their effectiveness. We find that the effectiveness of communication is not independent from the decisionmaking … strategy amid a collegial approach to decision-making, while the Bank of England is using a collegial communication strategy …