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set of professional forecasts of financial and macroeconomic variables. More communication even increases forecast errors …
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central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …
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) communication spillovers from the Federal Reserve are prominent in exchange rate and dollar-related topics for dollar peggers and in … less responsive to political pressure in their communication. …
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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. …
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Transparency has become one of the main features of monetary policymaking during the last decade. This paper establishes some stylized facts. In addition, it provides a systematic overview of the practice of monetary policy transparency around the world. It shows much diversity in information...
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central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …
Persistent link: https://www.econbiz.de/10012897779