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Shocking language : understanding the macroeconomic effects of central bank communication
Hansen, Stephen; McMahon, Michael - 2016
Persistent link: https://www.econbiz.de/10011758027
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Shocking language : understanding the macroeconomic effects of central bank communication
Hansen, Stephen; McMahon, Michael - In: Journal of international economics 99 (2016), pp. 114-133
Persistent link: https://www.econbiz.de/10011655110
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Shocking language : understanding the macroeconomic effects of central bank communication
Hansen, Stephen; McMahon, Michael - 2015
Persistent link: https://www.econbiz.de/10011441617
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Shocking Language : Understanding the Macroeconomic Effects of Central Bank Communication
Hansen, Stephen - 2016
within a FAVAR framework, we find that shocks to forward guidance are more important than the FOMC communication of current … economic conditions in terms of their effects on market and real variables. Nonetheless, neither communication has particularly …
Persistent link: https://www.econbiz.de/10013001084
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Central bank communication, ambiguity and market interest rates : a case study
Di Giorgio, Carlo; Rossi, Enzo - In: Modern economy 3 (2012) 3, pp. 295-301
Persistent link: https://www.econbiz.de/10009705394
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Shocking language : understanding the macroeconomic effects of central bank communication
Hansen, Stephen; McMahon, Michael - 2015
Persistent link: https://www.econbiz.de/10011442849
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Does clarity of central bank communication affect credibility? : evidences considering governor-specific effects
Montes, G. C.; Nicolay, R. T. F. - In: Applied economics 49 (2017) 31/33, pp. 3163-3180
Persistent link: https://www.econbiz.de/10011774517
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Communication of Central Banks as a determinant of credibility and effectiveness of monetary policy
Misztal, Piotr - In: European research studies 25 (2022) 3, pp. 539-554
Persistent link: https://www.econbiz.de/10013532433
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The macroeconomic effects of forward communication
Brubakk, Leif; Ellen, Saskia ter; Robstad, Ørjan; Xu, Hong - 2019
This paper provides an empirical assessment of the power of forward guidance at different horizons, shedding new light on the strength of the "forward guidance puzzle". Our identification strategy allows us to disentangle the change in future interest rates stemming from deviations from the...
Persistent link: https://www.econbiz.de/10012214409
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Monetary policy in an imperfect information environment
Other, Lars - 2021
Persistent link: https://www.econbiz.de/10012519676