How Much Does the Public Know about the ECB’s Monetary Policy? Evidence from a Survey of Dutch Households
David-Jan Jansen and
Jakob de Haan ()
International Journal of Central Banking, 2015, vol. 11, issue 4, 169-218
Does the general public know what central banks do? Is this knowledge relevant? Based on a survey of Dutch households, we find that knowledge about the European Central Bank’s objectives is far from perfect. A weak desire to be informed and unawareness among respondents about their limited knowledge are barriers for improving general understanding of monetary policy. However, our results also show that more intensive use of information improves respondents’ understanding of the ECB, suggesting that communication may improve general knowledge. Finally, we find that knowledge about monetary policy objectives contributes to an individual’s ability to form inflation expectations.
JEL-codes: D12 D84 E52 E58 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12) Track citations by RSS feed
Downloads: (external link)
Working Paper: How much does the public know about the ECB's monetary policy? Evidence from a survey of Duch households (2010)
Working Paper: How much does the public know about the ECB's monetary policy? Evidence from a survey of Dutch households (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ijc:ijcjou:y:2015:q:5:a:5
Access Statistics for this article
International Journal of Central Banking is currently edited by Loretta J. Mester
More articles in International Journal of Central Banking from International Journal of Central Banking
Bibliographic data for series maintained by Bank for International Settlements ().