Narrow search
Showing 1 - 10 of 10,664
Cover Image
Interest Rate Setting and Communication at the ECB
Cour-Thimann, Philippine - 2020
´s monetary policy and augment them with communication indicators. First, we find that the ECB responded to risks to price …
Persistent link: https://www.econbiz.de/10012828078
Cover Image
The bias and efficiency of the ECB inflation projections : a state dependent analysis
Granziera, Eleonora; Jalasjoki, Pirkka; Paloviita, Maritta - 2021
. Our findings bear important implications for the ECB forecasting process and ultimately for its communication strategy. …
Persistent link: https://www.econbiz.de/10012544414
Cover Image
The bias and efficiency of the ECB inflation projections : a state dependent analysis
Granziera, Eleonora; Jalasjoki, Pirkka; Paloviita, Maritta - 2021
. Our findings bear important implications for the ECB forecasting process and ultimately for its communication strategy. …
Persistent link: https://www.econbiz.de/10012508654
Cover Image
The bias of the ECB inflation projections : a State-dependent analysis
Granziera, Eleonora; Jalasjoki, Pirkka; Paloviita, Maritta - 2024
policy communication strategy. …
Persistent link: https://www.econbiz.de/10014532443
Cover Image
Does forward guidance of the ECB matter for the accuracy of private sector inflation forecasts?
Burden, David; Fendel, Ralf; Zimmermann, Lilli - In: Applied economics letters 30 (2023) 9, pp. 1213-1217
Persistent link: https://www.econbiz.de/10014303844
Cover Image
Central bank communication beyond expectation management: effectiveness, legitimacy, politics
Düsterhöft, Maximilian - 2021
Persistent link: https://www.econbiz.de/10012618929
Cover Image
ECB communication as a stabilization and coordination device: evidence from ex-ante inflation uncertainty
Fernandes, Cecilia Melo - 2021
This paper investigates the impact of ECB communication of its assessment of the economic outlook on ex-ante inflation … uncertainty and sheds light on how central bank information shocks operate. The paper finds that ECB communication of new outlook … they are also useful for policymakers to define a communication strategy that attenuates ex-ante inflation uncertainty in …
Persistent link: https://www.econbiz.de/10012603073
Cover Image
Consumption effects of job loss expectations : new evidence for the euro area
Silva, António Dias da; Rusinova, Desislava; Weißler, … - 2023
Probabilistic job loss expectations elicited in the Consumer Expectations Survey have predictive power for future job loss. We find that an unexpected job loss leads to a negative consumption response, while this effect is muted for workers with ex-ante job loss expectations - consistent with...
Persistent link: https://www.econbiz.de/10014315230
Cover Image
Inflation Persistence in the Euro Area : The Role of Expectations
Aguilar, Pablo - 2021
This article analyses agents’ perception of the period of low inflation in recent years, in the context of a model in which these agents form their expectations on the basis of simple forecasting rules. The approach used allows a distinction to be drawn between which portion of the low...
Persistent link: https://www.econbiz.de/10013241253
Cover Image
Inflation, Real Economic Growth and Unemployment Expectations : An Empirical Analysis Based on the ECB Survey of Professional Forecasters
Ramos-Herrera, María del Carmen - 2017
Expectations are at the centre of modern macroeconomic theory and policymakers. In this paper, we examine the predictive ability and the consistency properties of macroeconomic expectations using data of the European Central Bank (ECB) Survey of Professional Forecasters (SPF)
Persistent link: https://www.econbiz.de/10012961331