Central bank communication, decision making, and governance : issues, challenges, and case studies / edited by Pierre L. Siklos and Jan-Egbert Sturm.

Format:

Book

Contributor:

Siklos, Pierre L., 1955-

Sturm, Jan-Egbert, 1969-

Series:

CESifo Seminar Series

CESifo seminar series

Language:

English

Subjects (All):

Banks and banking, Central.

Business communication.

Physical Description:

1 online resource (327 p.)

Edition:

1st ed.

Place of Publication:

Cambridge, Mass. : MIT Press, c2013.

Language Note:

English

Summary:

Experts analyze the recent emphasis on central communication as an additional policy and accountability device.

Contents:

Contents; Series Foreword; 1 Introduction and Overview; I Central Bank Communication: Some Theoretical Considerations; 2 Central Bank Communication When Agents Experience Cognitive Limitations; 3 Transparency, Flexibility, and Macroeconomic Stabilization; II Empirical Methods in Central Bank Communication Research; 4 Central Bank Communication and Financial Stress; 5 Interest Rate Expectations in the Media and Central Bank Communication; 6 Extreme Views Make News; III The Fed's Experience

7 Deconstructing Alan: A Quantitative Assessment of the Qualitative Aspects of Chairman Greenspan's Communication8 Greenspan Shrugs: Central Bank Communication, Formal Pronouncements, and Bond Market Volatility; IV The ECB's Experience; 9 An Assessment of the Consistency of ECB Communication; 10 Are You Clear Now? The ECB's Written Communication on Monetary Policy; V The International Experience; 11 Uncertainty and Monetary Policy; 12 Voting Record and Monetary Policy Predictability: Evidence on Six Central Banks

13 A Bridge Too Far? RBNZ Communication, the Forward Interest Rate Track, and the Exchange RateContributors; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9780262314015

0262314010

9780262314008

0262314002