expectations. This paper analyses empirically whether enhanced central bank transparency lowers dispersion among professional … forecasters of key economic variables, using a large set of proxies for central bank transparency in 12 advanced economies. It … finds evidence for a significant and sizeable effect of central bank transparency on forecast dispersion, be it by means of …

-world developments have spawned a huge new scholarly literature on central bank communication - mostly empirical, and almost all of it … and powerful part of the central bank's toolkit since it has the ability to move financial markets, to enhance the …

-world developments have spawned a huge new scholarly literature on central bank communication -- mostly empirical, and almost all of it … and powerful part of the central bank's toolkit since it has the ability to move financial markets, to enhance the …

This paper reports the results of a survey of former members of the Governing Council of the European Central Bank … view enhancing credibility and trust as the most important objective of central bank communication. They judge … the communication with the general public. The central bank objective is widely seen as the most important topic for …

evidence from two surveys—one of central bank governors, the other of academic specialists. We find that central banks in …