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...

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Dettagli Bibliografici
Autore principale: Cihak, Martin
Altri autori: Bulir, Ales, Smidkova, Katerina
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/252
Accesso online:Full text available on IMF