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 eve...

Descripción completa

Detalles Bibliográficos
Autor principal: Cihak, Martin
Otros Autores: Bulir, Ales, Smidkova, Katerina
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Colección:IMF Working Papers; Working Paper ; No. 2008/252
Acceso en línea:Full text available on IMF