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strategy amid a collegial approach to decision-making, while the Bank of England is using a collegial communication strategy … and highly individualistic decision-making. The ECB has chosen a collegial approach both in its communication and in its …
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By employing Text Mining methods such as Structural Topic Modeling to examine all 2,135 speeches by ECB Executive Board members between February 1997 and October 2019, this paper identifies and analyses a significant semantic change that occurred in ECB communication in the transition from Great...
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regular monetary policy preparation and decision-making process. This paper reviews how the factors usually considered as … policy decisions and the role of the decision-making bodies and the committees therein. We suggest that technical committees … committee work at the various hierarchical levels, contributes to the efficiency of the ECB's monetary policy decision …
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regular monetary policy preparation and decision-making process. This paper reviews how the factors usually considered as … policy decisions and the role of the decision-making bodies and the committees therein. We suggest that technical committees … committee work at the various hierarchical levels, contributes to the efficiency of the ECB's monetary policy decision …
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