The three E’s of central-bank communication with the public
Central banks used to ask, “Shall we communicate this?” Now, as a rule, they ask, “Why wouldn’t we communicate this?” This first wave of the revolution in central-bank communication is giving rise to a second wave. The question increasingly is, “How should we communicate this in a way that engages...
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Autores principales: | , , |
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Formato: | Artículo |
Lenguaje: | English |
Publicado: |
Banco Central de Chile
2021
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Materias: | |
Acceso en línea: | https://hdl.handle.net/20.500.12580/6136 |
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Sumario: | Central banks used to ask, “Shall we communicate this?” Now, as a rule, they ask, “Why wouldn’t we communicate this?” This
first wave of the revolution in central-bank communication is giving rise to a second wave. The question increasingly is, “How should we communicate this in a way that engages a broader cross-section of society?” This addresses the challenge laid out by Blinder and others (2008) that “It may be time to pay some attention to communication with the general public.” |
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