Central bank communication and expectations stabilization
By Stefano Eusepi, Bruce Preston. 2010
216 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/0a44583abc7ea1a008d835944ee4fd6e962e4586
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In Economics and Econometrics
Citations in the corpus
- Shocking language: understanding the macroeconomic effects of central bank communication (2016, unknown): “Of course, issues of central bank communication have been studied before in both theoretical models (for example, the model-based evaluation of central bank communication strategies in Eusepi and Preston (2010)), and there is also an emerging empirical literature.”
- Learning from Prices: Public Communication and Welfare (2010, unknown): “2 We show that this makes monetary shocks expansionary and amplifies the impact of productivity shocks.”
- Inflation Targeting: What Have We Learned? (2009, background): “Rudebusch and Williams (2007) and Esupi and Preston (2007) argue that, in an environment of learning, it can be helpful for the central bank to be explicit about its policy rule.”
- Anchored Inflation Expectations (2020, unknown): “As one example, Eusepi and Preston (2010) provide theoretical results on central bank communication, showing certain types of information ensure consistency of beliefs with monetary policy strategy — providing a well-defined notion of anchored expectations — which improves stabilization outcomes of…”