Marzioni, Stefano - In: Economic Notes 43 (2014) 3, pp. 211-231
type="main" xml:lang="en" <title type="main">Abstract</title> <p>This paper aims at assessing the relevance of communicating central bank's forecasts to the private sector under discretionary monetary policy. In a New Keynesian environment, the central bank and the private sector have different information sets. The private...</p>