Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real …-world developments have spawned a huge new scholarly literature on central bank communication —mostly empirical, and almost all of it … written in this decade. We survey this evergrowing literature. The evidence suggests that communication can be an important …

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …

central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. …

. This article surveys a rapidly-growing literature on central bank communication with the public. We first discuss why and … how such communication is more challenging than communicating with expert audiences. Then we survey the empirical evidence …

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …