Monetary dialogue 2009–2014: Looking backward, looking forward

Ansgar Belke

Intereconomics: Review of European Economic Policy, 2014, vol. 49, issue 4, 204-211

Abstract: In response to the fi nancial crisis, the ECB has had to adopt new instruments to support the euro area economy and preserve the integrity of the single currency. This has challenged the current framework of the Monetary Dialogue exercise. This paper briefl y assesses the implications of enhanced transparency and “forward guidance” for the effectiveness of the ECB’s policies. It then checks whether the Monetary Dialogue works, and if and how the current Monetary Dialogue framework needs to change in order to fulfi l its goal. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Date: 2014
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DOI: 10.1007/s10272-014-0501-3

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