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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...
Tallennettuna:
| Julkaisussa: | MAGKS - Joint Discussion Paper Series in Economics (Band 28-2010) |
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| Päätekijä: | |
| Aineistotyyppi: | Arbeit |
| Kieli: | englanti |
| Julkaistu: |
Philipps-Universität Marburg
2010
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| Aiheet: | |
| Linkit: | PDF-kokoteksti |
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