We analyse German citizens' knowledge about monetary policy and the European Central Bank (ECB), as well as the public …'s use of mass communication media to obtain information about the ECB. We employ a unique representative public opinion …

This paper examines whether central bank communication stabilises euro area inflation expectations through the … information and news channel. A novelty of the study is its use of data from Google Analytics on ECB website traffic as proxy for … communication on the information demand of the public and ultimately on inflation expectations. Overall, this study shows that …

signals, we show that the release of more precise public information about future rates lowers the informativeness of market …. However, when the increase in precision of public information is sufficiently large, uncertainty is unambiguously reduced. …

, if current policy turns outto be too expansionary (contractionary) because of the bank’s information problem …,subsequent policies should be slightly contractionary (expansionary). By following thisapproach, the central bank can improve the trade …-off between the fluctuations of its goalvariables caused by economic shocks and their fluctuations caused by the bank’s response …

bank should disclose or not its information, but how the central bank should disclose it. We consider a static coordination … attached to the provision of private information, we determined the conditions under which the central bank faces a trade … precision of public information or withholding it. The latter seems to be unrealistic. Thus, the issue is not whether central …

In this paper we examine whether publishing the information underlying the central bank's decisions is socially … under opacity with adverse consequences for welfare. Moreover, we explore the extent to which the central bank can use … the distortions stemming from heterogeneous information. However, transparency generally raises the variance of inflation …

deterioration in a district’s bank health increases the probability that this district’s representative in the FOMC votes to ease … behavior is most pronounced for Bank presidents (as opposed to governors) and FOMC members who have career backgrounds in the …

Central Bank, the general presumption in the policy discussions has been that there should be ‘Chinese walls' between the … price stability. In their view, the key problem hampering the ECB today is that it lacks detailed information on the state …

dollarization. Meanwhile, the discussion around the introduction of central bank digital currencies (CBDC) as a possible response … has continued more intensively. Introduction of a digital currency issued by the central bank will lead to a direct … competition for bank deposits between Central Bank and Commercial banks which eventually lead banking system toward full reserve …