The Science and Art of Monetary-Policy Communication

Martin Èihák ()
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Martin Èihák: International Monetary Fund, http://www.imf.org
Authors registered in the RePEc Author Service: Martin Cihak ()

Czech Journal of Economics and Finance (Finance a uver), 2007, vol. 57, issue 11-12, 490-498

Abstract: Central banks put much more emphasis on monetary-policy communication now than they did only about a decade ago. This introduction to the special issue on monetary-policy communication provides an overview of the articles in the journal and puts them into perspective. It notes that despite the trend towards “scientization” of monetary policy, good communication is still very much a combination of art and science.

Keywords: monetary policy; communication; transparency (search for similar items in EconPapers)
JEL-codes: E31 E43 E47 E58 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:57:y:2007:i:11-12:p:490-498

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