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In this paper we explore both theoretical and empirical evidence on communication with the general public. The model … doing so risks ultimately lowering welfare unless guided by the 3 E's of public communication: Explanation, Engagement and …
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Why do long-run interest rates respond to central bank communication? Whereas existing explanations imply a common set …-run rates and operate primarily through the term premium. This suggests communication plays an important role in shaping …
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Why do long-run interest rates respond to central bank communication? Whereas existing explanations imply a common set …-run rates and operate primarily through the term premium. This suggests communication plays an important role in shaping …
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