Look who's talking: ECB communication during the first years of EMU

David-Jan Jansen and Jakob de Haan

International Journal of Finance & Economics, 2006, vol. 11, issue 3, 219-228

Abstract: This paper studies communication by European central bankers during the first years of the European Economic and Monetary Union. We find that comments by central bankers on interest rates, inflation and economic growth in the Eurozone have often been contradictory. However, over the years, interest rate statements have become more in line with each other. National central banks continue to dominate communication on monetary policy. The ECB Executive Board is the only group of central bankers to observe radio silence before ECB Governing Council meetings. Copyright © 2006 John Wiley & Sons, Ltd.

Date: 2006
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Working Paper: Look Who’s Talking: ECB Communication during the First Years of EMU (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:ijf:ijfiec:v:11:y:2006:i:3:p:219-228

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DOI: 10.1002/ijfe.294

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