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Seeing and hearing is believing : the role of audiovisual communication in shaping inflation expectations

Ash, Elliott; Mikosch, Heiner; Perakis, Alexis; … - 2024

This paper presents novel causal evidence on the relationship between various communication channels employed by … communication matters, holding the target message constant: Relative to a text transcript, audiovisual mediums (audio, photograph …

Persistent link: https://www.econbiz.de/10014470624

Household expectations and dissent among policymakers

Grebe, Moritz; Tillmann, Peter - 2022

This paper studies the impact of dissent in the ECB's Governing Council on uncertainty surrounding households' inflation expectations. We conduct a randomized controlled trial using the Bundesbank Online Panel Households. Participants are provided with alternative information treatments...

Persistent link: https://www.econbiz.de/10013270906

Central Bank sentiment and policy expectations

Hubert, Paul; Labondance, Fabien - 2016

Persistent link: https://www.econbiz.de/10011644605

Can more public information raise uncertainty? : the international evidence on forward guidance

Ehrmann, Michael; Gaballo, Gaetano; Hoffmann, Peter; … - 2019

Central banks have used different types of forward guidance, where the forward guidance horizon is related to a state contingency, a calendar date or left open-ended. This paper reports cross-country evidence on the impact of these different types of forward guidance on the sensitivity of bond...

Persistent link: https://www.econbiz.de/10011997441

Consumers' macroeconomic expectations

Dräger, Lena; Lamla, Michael - 2023

After the financial crisis of 2008, central banks around the world have increased their communication efforts to reach … role of narratives and preferences and lastly, we survey the research on causal effects of central bank communication on …

Persistent link: https://www.econbiz.de/10014383922