| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5098416 | Journal of Economic Dynamics and Control | 2014 | 18 Pages |
Abstract
The efficacy of central bank communications is inextricably linked to the characteristics of the monetary policy framework. Therefore, this paper presents a set of fundamental principles regarding the joint design of monetary policy strategy and communications. The practical implications of these principles are illustrated by considering a number of significant policy challenges faced by central banks in the advanced economies.
Related Topics
Physical Sciences and Engineering
Mathematics
Control and Optimization
Authors
Andrew T. Levin,