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Does communication influence trust in the central bank? We examine this question using survey data covering 488 …,000 Eurozone citizens from 1999 to 2019. We find compelling evidence that more communication, as measured by the number of speeches …
Persistent link: https://www.econbiz.de/10014079621
Does communication influence trust in the central bank? We examine this question using survey data covering 488 …,000 Eurozone citizens from 1999 to 2019. We find compelling evidence that more communication, as measured by the number of speeches …
Persistent link: https://www.econbiz.de/10014082140
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How do policy communications on future f iscal targets af fect market expectations and beliefs about the future conduct of f iscal policy? In this paper, we develop indicators of f iscal credibility that quantify the degree to which policy announcements anchor expectations, based on the...
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