Imperfect Central Bank Communication : Information versus Distraction /
Much of the information communicated by central banks is noisy or imperfect. This paper considers the potential benefits and limitations of central bank communications in a model of imperfect knowledge and learning. It is shown that the value of communicating imperfect information is ambiguous. Ther...
| Glavni avtor: | Orphanides, Athanasios |
|---|---|
| Drugi avtorji: | Dale, Spencer, Osterholm, Par |
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2008/060 |
| Online dostop: | Full text available on IMF |
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