Arbeitspapier
Look who's talking : ECB communication during the first years of EMU
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1263
- Klassifikation
-
Wirtschaft
Central Banks and Their Policies
Monetary Policy
- Thema
-
central bank communication
European Central Bank
Bundesbank
Zentralbank
Geldpolitik
Staatliche Information
Europäische Wirtschafts- und Währungsunion
Deutschland
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Jansen, David-Jan
de Haan, Jakob
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
14.03.2025, 14:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Jansen, David-Jan
- de Haan, Jakob
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2004
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