Archivi tag: central bank

The effects of ambiguous central bank’s communication on money market rates: the study of a special case.

We asked a representative sample of European banks to judge messages released by ECB members (from February 1999 to February 2000) in terms of their ambiguity. In this paper, we use  the answers provided by the surveyed sample to derive … Continua a leggere

Pubblicato in 1) Working Papers | Contrassegnato , , , , | Commenti disabilitati