. Communication has become an effective auxiliary instrument of economic policy, and markets started paying precise attention to the … provide an overview of recent trends and developments in central bank communication strategies. By resorting to the existing … literature, we analyze the origins of central bank communication and the evolution of its role in time. We also study the main …

my framework to a central bank communication problem in which the policy maker communicates about aggregate conditions to …

commitment mechanism is a redundant policy instrument. When private information is present, central bank communication can … instead have social value. Forward guidance emerges as a natural communication strategy when the private information in the …

commitment mechanism is a redundant policy instrument. When private information is present, central bank communication can … instead have social value. Forward guidance emerges as a natural communication strategy when the private information in the …