Imperfect Central Bank Communication: Information Versus Distraction by P. R. Sterholm, Par Osterholm, Athanasios Orphanides

Imperfect Central Bank Communication: Information Versus Distraction

P. R. Sterholm, Par Osterholm, Athanasios Orphanides

40 pages missing pub info (editions)

nonfiction politics
Powered by AI (Beta)
Loading...

Description

Much of the information communicated by central banks is noisy or imperfect. This paper considers the potential benefits and limitations of central bank communications in a model of imperfect knowledge and learning. It is shown that the value of c...

Read more

Community Reviews

Loading...

Content Warnings

Loading...