Clarity of Central Bank Communication about Inflation

Author:   Ales Bulir ,  David-Jan Jansen
Publisher:   International Monetary Fund
ISBN:  

9781463991500


Pages:   26
Publication Date:   01 January 2012
Format:   Electronic book text
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Clarity of Central Bank Communication about Inflation


Overview

This paper examines whether the clarity of central bank communication about inflation has changed with the economic environment. We use readability statistics and content analysis to study the clarity of communication on the inflation outlook by seven central banks between 1997 and 2010. Overall, we find no strong indications that central banks were less clear in explaining their policies when faced with higher uncertainty or a less favorable inflation outlook. The global financial crisis, however, did have a negative impact on clarity of central bank communication.

Full Product Details

Author:   Ales Bulir ,  David-Jan Jansen
Publisher:   International Monetary Fund
Imprint:   International Monetary Fund
ISBN:  

9781463991500


ISBN 10:   1463991509
Pages:   26
Publication Date:   01 January 2012
Audience:   General/trade ,  General
Format:   Electronic book text
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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NOV RG 20252

 

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