Monetary Policy Committees, Learning and Communication /

This paper considers optimal communication by monetary policy committees in a model of imperfect knowledge and learning. The main policy implications are that there may be costs to central bank communication if the public is perpetually learning about the committee's decision-making process and...

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Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Weber, Anke
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2010.
Sraith:IMF Working Papers; Working Paper ; No. 2010/085
Rochtain ar líne:Full text available on IMF