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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| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2010/085 |
| Online toegang: | Full text available on IMF |