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Item Details
Title: CENTRAL BANK COMMUNICATION, DECISION MAKING, AND GOVERNANCE
ISSUES, CHALLENGES, AND CASE STUDIES
By: Pierre L. Siklos (Editor), Jan-Egbert Sturm (Editor)
Format: Hardback

List price: £7.99


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ISBN 10: 0262018934
ISBN 13: 9780262018937
Publisher: MIT PRESS LTD
Pub. date: 31 May, 2013
Series: CESifo Seminar Series
Pages: 328
Synopsis: In recent years central bankers have placed new emphasis on communication with financial markets and the general public. They have done this not only through the traditional channel of monetary policy pronouncements but also by increasing the quantity of information they make public. Yet as central banks strive to provide more and clearer information about the outlook for the economy, they must balance their capacity to steer economic expectations with their natural caution about committing to future monetary policy paths. This volume offers a variety of perspectives on the economic implications of increased central bank communication. Contributors offer theoretical analyses of the effect of central bank communication on the general macroeconomic environment; consider a variety of novel empirical approaches to the issue; and analyze communication, decision making, and governance practices of the Greenspan-era U.S. Federal Reserve, the fledgling European Central Bank, and a variety of smaller central banks, including those of the Czech Republic, Sweden, England, and New Zealand.Contributors:Helge Berger, Michelle Bligh, Marianna Blix-Grimaldi, Ales Bulir, Robert Chirinko, Martin Cihak, Christopher Curran, Paul De Grauwe, Jakob de Haan, Michael Ehrmann, Marcel Fratzscher, Petra Geraats, Gregory Hess, Roman Horvath, David-Jan Jansen, OEzer Karagedikli, Michael Lamla, David Mayes, Alberto Montagnoli, Pierre L. Siklos, Katerina Smidkova, Jan-Egbert Sturm, Jan Zapal
Illustrations: 43 b&w illus.
Publication: US
Imprint: MIT Press
Returns: Returnable
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