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...
| Hovedforfatter: | |
|---|---|
| Andre forfattere: | , |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2008/060 |
| Online adgang: | Full text available on IMF |