Central Bank Communication and Monetary Policy Surprises in Chile /

This paper assesses the quality of the CBC's communication policy by looking at the predictability and effectiveness of monetary policy communications by the Central Bank of Chile (CBC). To do so, we construct indeces of monetary policy surprises for the three major communication channels of th...

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Bibliographic Details
Main Author: Pescatori, Andrea
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/156
Online Access:Full text available on IMF