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central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. -- ECB ; central bank ; communication …
Persistent link: https://www.econbiz.de/10003872830
central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. -- ECB ; central bank ; communication …
Persistent link: https://www.econbiz.de/10003919419
'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/10012244764
central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant …
Persistent link: https://www.econbiz.de/10013095692
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
Persistent link: https://www.econbiz.de/10012792298
Persistent link: https://www.econbiz.de/10013332873
Central bank communication plays a crucial role in the conduct of monetary policy, yet the research on central bank … communication, while growing, is still scarce. In this paper, we analyze the communication reaction function of the European Central … policy and communication reaction function models, as suggested by recent literature. The topics are extracted using Latent …
Persistent link: https://www.econbiz.de/10015065501
Persistent link: https://www.econbiz.de/10011719122
Persistent link: https://www.econbiz.de/10011283836