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's monetary policy and augment them with communication indicators. First, we find that the ECB responded to risks to price …
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This paper examines whether central bank communication stabilises euro area inflation expectations through the … visitors’ attention to its communication. We conduct several econometric tests with daily data to measure the impact of ECB … communication on the information demand of the public and ultimately on inflation expectations. Overall, this study shows that …
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policy presented in the media are affected by central bank communication and interest rate decisions …While there is ample evidence how central bank communication and interest rate decisions are perceived by financial … markets, insights regarding the response of the public is lacking. Media is known to be an important transmitter of news to …
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We propose a novel framework to gauge the credibility of central banks' commitment to an inflation-targeting regime …
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