Look who's talking : ECB communication during the first years of EMU

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18901

Title:	Look who's talking : ECB communication during the first years of EMU
Keywords:	E58 E52 ddc:330 central bank communication European Central Bank Bundesbank Zentralbank Geldpolitik Staatliche Information Europäische Wirtschafts- und Währungsunion Deutschland EU-Staaten
Issue Date:	16-Oct-2013
Publisher:
Description:	This paper studies ECB and Bundesbank communication on monetary policy during the first years of the European Economic and Monetary Union. We study whether statements by different (groups of) central bankers have been contradictory and whether differences have diminished over time. We find that statements on the interest rate, inflation and economic growth have indeed been contradictory. Furthermore, national central banks continue to dominate communication on monetary policy. Finally, only the ECB Executive Board has observed radio silence before ECB Governing Council meetings. A positive conclusion is that, over time, interest rate statements have become less contradictory.
URI:	http://koha.mediu.edu.my:8181/xmlui/handle/10419/18901
Other Identifiers:	http://hdl.handle.net/10419/18901 ppn:470769661
Appears in Collections:	EconStor

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