Communication of Central Bank Thinking and Inflation Dynamics

Communication of Central Bank Thinking and Inflation Dynamics
This paper studies the role of central bank communication of its economic assessment in shaping inflation dynamics. Imperfect information about the central bank''s assessment - or the basis for monetary policy decisions - could complicate the private sector''s learning about its policy response function. We show how clear central bank READ MORE...

Publication date: August 2011
ISBN 9781463902193
$18.00

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