Empirical studies on information communication technologies (ICT) typically aggregate the informationʺ and …" lower level agents. Conversely, technologies reducing communication costs substitute agent's knowledge for directions from … workers) are associated with more autonomy and a wider span of control. By contrast, communication technologies (like data …

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 …