Similar Search Results

Central Bank Communication in the XXI Century : A Survey of Theory and Evidence

Sakhno, Hanna O. - 2018

. Communication has become an effective auxiliary instrument of economic policy, and markets started paying precise attention to the … provide an overview of recent trends and developments in central bank communication strategies. By resorting to the existing … literature, we analyze the origins of central bank communication and the evolution of its role in time. We also study the main …

Persistent link: https://www.econbiz.de/10012923581

Spread the word : international spillovers from central bank communication

Armelius, Hanna; Bertsch, Christoph; Hull, Isaiah; … - 2018

central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …

Persistent link: https://www.econbiz.de/10011911134

Who should you listen to in a crisis? : differences in communication of central bank policymakers

Lehtimäki, Jonne; Palmu, Marianne - In: Journal of central banking theory and practice 11 (2022) 3, pp. 33-57

Communication has become a vital part of modern monetary policy, and its importance is even higher during a crisis when … communication from individual central bank policymakers in the European Central Bank and the Federal Reserve during a period of very … of communication. …

Persistent link: https://www.econbiz.de/10013407483

Can more public information raise uncertainty? : the international evidence on forward guidance

Ehrmann, Michael; Gaballo, Gaetano; Hoffmann, Peter; … - 2019

Central banks have used different types of forward guidance, where the forward guidance horizon is related to a state contingency, a calendar date or left open-ended. This paper reports cross-country evidence on the impact of these different types of forward guidance on the sensitivity of bond...

Persistent link: https://www.econbiz.de/10011997441

Central Bank Transparency and Financial Market Expectations : The Case of Emerging Markets

Neuenkirch, Matthias - 2015

In this paper, we study how central bank transparency influences the formation of money market expectations in emerging markets. The sample covers 25 countries for the period from January 1998 to December 2009. We find, first, that transparency reduces the bias (the difference between the money...

Persistent link: https://www.econbiz.de/10013013746

Central Bank Transparency and Financial Market Expectations : The Case of Emerging Markets

Neuenkirch, Matthias - 2013

Persistent link: https://www.econbiz.de/10013092453

Spread the Word : International Spillovers from Central Bank Communication

Armelius, Hanna - 2019

We construct a novel text dataset to measure the sentiment component of communications for 23 central banks over the 2002-2017 period. Our analysis yields three results. First, comovement in sentiment across central banks is not reducible to trade or financial flow exposures. Second, sentiment...

Persistent link: https://www.econbiz.de/10012857886

Spread the Word : International Spillovers from Central Bank Communication

Armelius, Hanna - 2019

central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …

Persistent link: https://www.econbiz.de/10012897779

Spread the Word : International Spillovers from Central Bank Communication

Armelius, Hanna; Bertsch, Christoph; Hull, Isaiah; … - 2020

central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …

Persistent link: https://www.econbiz.de/10014361939

Does central bank transparency and communication affect financial and macroeconomic forecasts?

Lustenberger, Thomas; Rossi, Enzo - 2018

set of professional forecasts of financial and macroeconomic variables. More communication even increases forecast errors …

Persistent link: https://www.econbiz.de/10011790688

1
2
3
4
5
6
7
8
9
10
Next
Last