Managing Financial Market Expectations: The Role of Central Bank Transparency and Central Bank Communication

In this paper, we study the influence of central bank transparency and informal central bank communication on the formation of money market expectations. The sample covers nine major central banks from January 1999 to July 2007. We find, first, that transparency reduces the bias in money market expe...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	MAGKS - Joint Discussion Paper Series in Economics (Band 28-2010)
1. Verfasser:	Neuenkirch, Matthias
Format:	Arbeit
Sprache:	Englisch
Veröffentlicht:	2010
Schlagworte:	Monetary Policy Wirtschaft Money Market Central Bank Transparency Central Bank Communication Financial Market Expectations Interest Rate Decision Economics
Online-Zugang:	PDF-Volltext
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