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. One major aim of this outreach is to guide inflation expectations; another is to ensure accountability and create trust …. 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 …
Persistent link: https://www.econbiz.de/10013329414
Persistent link: https://www.econbiz.de/10013279256
We study the determinants of trust in the ECB as measured by the European Commission's Eurobarometer survey. The … formulation of the corresponding question in this survey is very general, and compatible with very different notions of "trust" by … respondents. In particular, the survey does not ask whether respondents trust that the ECB delivers on its mandate. Still, the ECB …
Persistent link: https://www.econbiz.de/10011605546
We study the determinants of trust in the ECB as measured by the European Commission's Eurobarometer survey in … particular during the global financial crisis and the European sovereign debt crisis. We find that the fall in trust in the ECB … in crisis times can be rather well explained based on the pre-crisis determinants, and show that the fall in trust …
Persistent link: https://www.econbiz.de/10010290973
Persistent link: https://www.econbiz.de/10009778329
We study the determinants of trust in the ECB as measured by the European Commission's Eurobarometer survey. The … formulation of the corresponding question in this survey is very general, and compatible with very different notions of "trust" by … respondents. In particular, the survey does not ask whether respondents trust that the ECB delivers on its mandate. Still, the ECB …
Persistent link: https://www.econbiz.de/10010686791
We study the determinants of trust in the ECB as measured by the European Commission’s Eurobarometer survey in … particular during the global financial crisis and the European sovereign debt crisis. We find that the fall in trust in the ECB … in crisis times can be rather well explained based on the pre-crisis determinants, and show that the fall in trust …
Persistent link: https://www.econbiz.de/10010570298
Monetary policy in the euro area is conducted within a multi-country, multi-cultural, and multi-lingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the ECB? Using a...
Persistent link: https://www.econbiz.de/10010299102
influencing such heterogeneity as Fed communication is found to affect forecast accuracy significantly. …
Persistent link: https://www.econbiz.de/10010299141
to revert to other types of Fed communication in the inter-meeting periods, and come to their own assessment of the …
Persistent link: https://www.econbiz.de/10011604503