A1 Vertaisarvioitu alkuperäisartikkeli tieteellisessä lehdessä
Who Should You Listen to in a Crisis? Differences in Communication of Central Bank Policymakers
Tekijät: Lehtimäki Jonne, Palmu Marianne
Kustantaja: Sciendo
Julkaisuvuosi: 2022
Journal: Journal of Central Banking Theory and Practice
Tietokannassa oleva lehden nimi: JOURNAL OF CENTRAL BANKING THEORY AND PRACTICE
Lehden akronyymi: J CENT BANK THEOR PR
Vuosikerta: 11
Numero: 3
Aloitussivu: 33
Lopetussivu: 57
Sivujen määrä: 25
ISSN: 1800-9581
eISSN: 2336-9205
DOI: https://doi.org/10.2478/jcbtp-2022-0022
Verkko-osoite: https://doi.org/10.2478/jcbtp-2022-0022
Rinnakkaistallenteen osoite: https://research.utu.fi/converis/portal/detail/Publication/176976839
Communication has become a vital part of modern monetary policy, and its importance is even higher during a crisis when a central bank has to calm the markets down. This paper studies the information content of different styles of communication from individual central bank policymakers in the European Central Bank and the Federal Reserve during a period of very high economic uncertainty, and whether it differs depending on the role or position of the speaker. The findings suggest that during the financial crisis there was a large variance in the information content of different policymakers and styles of communication.
Ladattava julkaisu This is an electronic reprint of the original article. |  |
