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Warum wir über Geld reden müssen. Kaum ein Thema wird hierzulande so emotional diskutiert wie die Frage um Geld und Schulden. Die Deutschen sind Sparweltmeister, viele haben Angst vor Inflation und Verschuldung. In einer fundierten Analyse deckt Marcel Fratzscher auf, warum wir uns oft...
Persistent link: https://www.econbiz.de/10012642426
We analyse the first twenty years of the euro both from an economic and an institutional perspective. We find that in particular during the period since the financial crisis, convergence as measured by a variety of indicators has not improved. Design flaws in the Eurozone institutional...
Persistent link: https://www.econbiz.de/10012030113
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
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 …
Persistent link: https://www.econbiz.de/10011604534
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 …
Persistent link: https://www.econbiz.de/10011604944
during the 2007-10 financial crisis. The findings suggest that financial stability communication by central banks are … perceived by markets to contain relevant information, and they underline the importance of differentiating between communication …
Persistent link: https://www.econbiz.de/10011605378
Persistent link: https://www.econbiz.de/10003741496
Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real … written in this decade. We survey this evergrowing literature. The evidence suggests that communication can be an important … large variation in communication strategies across central banks suggests that a consensus has yet to emerge on what …
Persistent link: https://www.econbiz.de/10003778823
Persistent link: https://www.econbiz.de/10003833581
Persistent link: https://www.econbiz.de/10003864720