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In this paper we explore both theoretical and empirical evidence on communication with the general public. The model … doing so risks ultimately lowering welfare unless guided by the 3 E's of public communication: Explanation, Engagement and …
Persistent link: https://www.econbiz.de/10012843882
communication as easily interpretable topical themes and quantifies the proportion of news attention allocated to each theme at each …
Persistent link: https://www.econbiz.de/10012844077
Why do long-run interest rates respond to central bank communication? Whereas existing explanations imply a common set …-run rates and operate primarily through the term premium. This suggests communication plays an important role in shaping …
Persistent link: https://www.econbiz.de/10012844266
that communication plays a significant role in enhancing the accuracy when trying to estimate the bank's reaction function …
Persistent link: https://www.econbiz.de/10012952829
Press releases announcing and explaining monetary policy decisions play a critical role in the communication strategy …
Persistent link: https://www.econbiz.de/10012962430
Why do long-run interest rates respond to central bank communication? Whereas existing explanations imply a common set …-run rates and operate primarily through the term premium. This suggests communication plays an important role in shaping …
Persistent link: https://www.econbiz.de/10012893948
central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …
Persistent link: https://www.econbiz.de/10012897779
banks can improve communication with the public at a time when trust in public institutions has fallen, while the …
Persistent link: https://www.econbiz.de/10012898469
intensive central bank communication worsens the perceived impact. During the global financial crisis (GFC), this effect became …
Persistent link: https://www.econbiz.de/10012822449
Central banks emphasize the use of communication as a tool of monetary policy. As central banks increasingly recognize … tailor their communication strategies for a broader audience. Most research focuses on central bank communication with … financial markets, but several recent strands of literature address aspects of communication with households. I survey the …
Persistent link: https://www.econbiz.de/10012969118