Narrow search
Showing 1 - 10 of 64,648
Cover Image
Can more public information raise uncertainty? : the international evidence on forward guidance
Ehrmann, Michael; Gaballo, Gaetano; Hoffmann, Peter; … - 2019
of forward guidance on the sensitivity of bond yields to macroeconomic news, and on forecaster disagreement about the …
Persistent link: https://www.econbiz.de/10011997441
Cover Image
Can more public information raise uncertainty? : the international evidence on forward guidance
Ehrmann, Michael; Gaballo, Gaetano; Hoffmann, Peter; … - In: Journal of monetary economics 108 (2019), pp. 93-112
Persistent link: https://www.econbiz.de/10012267216
Cover Image
Forward guidance under disagreement : evidence from the Fed's dot projections
Detmers, Gunda-Alexandra - 2016
-2011 accounting for the influence of disagreement within the FOMC. Effectiveness is investigated through the lens of … due to its unconditional nature. Yet, high levels of disagreement among monetary policy makers as published through the … FOMC’s dot projections since 2012 partially restore sensitivity to macroeconomic news. Thus, disagreement appears to lower …
Persistent link: https://www.econbiz.de/10011550316
Cover Image
Forward guidance under disagreement: Evidence from the Fed's dot projections
Detmers, Gunda-Alexandra - 2016
-2011 accounting for the influence of disagreement within the FOMC. Effectiveness is investigated through the lens of … due to its unconditional nature. Yet, high levels of disagreement among monetary policy makers as published through the … FOMC's dot projections since 2012 partially restore sensitivity to macroeconomic news. Thus, disagreement appears to lower …
Persistent link: https://www.econbiz.de/10011580439
Cover Image
Central Bank Communication and Disagreement about the Natural Rate Hypothesis
Binder, Carola - 2019
disagreement and implications for credibility …
Persistent link: https://www.econbiz.de/10012897100
Cover Image
Can More Public Information Raise Uncertainty? The International Evidence on Forward Guidance
Ehrmann, Michael - 2019
of forward guidance on the sensitivity of bond yields to macroeconomic news, and on forecaster disagreement about the …
Persistent link: https://www.econbiz.de/10012872234
Cover Image
Communication of Monetary Policy Decisions by Central Banks : What is Revealed and Why
Settlements, Bank for International - 2013
This Paper, which extends earlier work by Filardo and Guinigundo (2008) and Nelson (2008), reports on a survey conducted in 2007 on the communication practices of 32 members of the Central Bank Governance Network. The questionnaire sent to Network members was divided into two main parts. The...
Persistent link: https://www.econbiz.de/10013095822
Cover Image
Forward guidance and heterogeneous beliefs
Andrade, Philippe; Gaballo, Gaetano; Mengus, Eric; … - 2016
Central banks' announcements that future interest rates will remain low could signal either a weak future macroeconomic outlook - which is bad news - or a future expansionary monetary policy - which is good news. In this paper, we use the Survey of Professional Forecasters to show that these two...
Persistent link: https://www.econbiz.de/10011743124
Cover Image
Communication of monetary policy in unconventional times
Coenen, Günter; Ehrmann, Michael; Gaballo, Gaetano; … - 2017
Monetary policy communication is particularly important during unconventional times, because high uncertainty about the economy, the introduction of new policy tools and possible limits to the central bank 's toolkit could hamper the predictability of policy actions. We study how monetary policy...
Persistent link: https://www.econbiz.de/10011663996
Cover Image
Communication of monetary policy in unconventional times
Coenen, Günter; Ehrmann, Michael; Gaballo, Gaetano; … - 2017
Monetary policy communication is particularly important during unconventional times, because high uncertainty about the economy, the introduction of new policy tools and possible limits to the central bank's toolkit could hamper the predictability of policy actions. We study how monetary policy...
Persistent link: https://www.econbiz.de/10011755761