Clarity of Central Bank Communication About Inflation:
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...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2012
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Schriftenreihe: | IMF Working Papers
Working Paper No. 12/9 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | 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 |
Beschreibung: | 1 Online-Ressource (24 p) |
ISBN: | 146393114X 9781463931148 |
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spelling | Bulir, Ales Verfasser aut Clarity of Central Bank Communication About Inflation Bulir, Ales Washington, D.C International Monetary Fund 2012 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 12/9 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 Online-Ausg Cihák, Martin Sonstige oth Jansen, David-Jan Sonstige oth http://elibrary.imf.org/view/IMF001/12527-9781463931148/12527-9781463931148/12527-9781463931148.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Bulir, Ales Clarity of Central Bank Communication About Inflation |
title | Clarity of Central Bank Communication About Inflation |
title_auth | Clarity of Central Bank Communication About Inflation |
title_exact_search | Clarity of Central Bank Communication About Inflation |
title_exact_search_txtP | Clarity of Central Bank Communication About Inflation |
title_full | Clarity of Central Bank Communication About Inflation Bulir, Ales |
title_fullStr | Clarity of Central Bank Communication About Inflation Bulir, Ales |
title_full_unstemmed | Clarity of Central Bank Communication About Inflation Bulir, Ales |
title_short | Clarity of Central Bank Communication About Inflation |
title_sort | clarity of central bank communication about inflation |
url | http://elibrary.imf.org/view/IMF001/12527-9781463931148/12527-9781463931148/12527-9781463931148.xml |
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