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It is argued in literature that transparency may be detrimental to welfare. Morris and Shin (2002) suggest reducing the …
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, coordinated messages that are anchored in the central banks' mandate are of essence. We focus upon transparency and "forward … effectiveness of central bank's policies can be improved through more transparency and "forward guidance". We do so by highlighting …
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This paper discusses the evolution of central bank communication, focusing on recent efforts by central banks to engage with a wider audience via social media. We document the social media presence of major central banks and discuss how analyzing Twitter content by and about monetary policy...
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respect to transparency. Previous literature has argued that domestic factors such as macroeconomic stability were behind the … trend toward greater transparency. In contrast, our results indicate that transparency primarily increased because of a … from each other's experiences regarding transparency. To our knowledge, our paper is the first econometric analysis of peer …
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consequences of transparency about those mechanisms for credibility are evaluated. …
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