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This paper summarizes the results of a Survey on Monetary policy Communication conducted among central banks in Central … transparency and communication strategies of the central banks. The results of the Survey reveal that today the central banks pay … process. The overall conclusion of the Monetary policy communication Survey is that the communication and the transparency of …
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Modern communication technologies enable efficient exchange of information, but often sacrifice direct human … interaction inherent in more traditional forms of communication. This raises the question of whether the lack of personal … that self-selection into communication channels can be used to screen for dishonest people. …
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influencing such heterogeneity as Fed communication is found to affect forecast accuracy significantly. …
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to revert to other types of Fed communication in the inter-meeting periods, and come to their own assessment of the …
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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 … process in the committee. The paper shows that the Federal Reserve has been pursuing a rather individualistic communication …
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