. 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 …

diversity of views among the committee members. It finds that more active as well as more consistent communication by committee … members improves the predictability of monetary policy decisions significantly. This effect is sizeable as communication … policy decisions. Moreover, more active and more consistent communication are found to also reduce the degree of uncertainty …

communication in coordinating behaviour. …

communication in coordinating behaviour. …

We study cooperative games with communication structure, represented by an undirected graph. Players in the game are … complete communication structure, then the proposed solution coincides with the Shapley value, and that if the game has a cycle …-free communication structure, it is the solution proposed by Herings, van der Laan and Talman (2008). We introduce the notion of link …

Press releases announcing and explaining monetary policy decisions play a critical role in the communication strategy …

Monetary policy communication is particularly important during unconventional times, because high uncertainty about the … predictability of policy actions. We study how monetary policy communication should and has worked under such circumstances. Our main …

Monetary policy communication is particularly important during unconventional times, because high uncertainty about the … predictability of policy actions. We study how monetary policy communication should and has worked under such circumstances. Our main …