Writing Clearly : ECB's Monetary Policy Communication

ECB's Monetary Policy Communication

Writing Clearly : ECB's Monetary Policy Communication
The paper presents a methodology for measuring the clarity of central bank communication, illustrating it with the case of the European Central Bank (ECB) in 1999-2007. The analysis identifies the ECB's written communication as clear about 95 percent of instances, which is comparable to, or even better than, other central banks for which a... READ MORE...

Publication date: October 2008
ISBN 9781451871104
$18.00

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