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文章基本信息

  • 标题:Interest Rate Expectations in the Media and Central Bank Communication
  • 本地全文:下载
  • 作者:Michael J. Lamla ; Jan-Egbert Sturm
  • 期刊名称:KOF Working Papers
  • 出版年度:2013
  • 期号:334
  • 出版社:KOF Konjunkturforschungsstelle, ETH Zürich
  • 摘要:

    While there is ample evidence how central bank communication and interest rate decisions are perceived by financial markets, insights regarding the response of the public is lacking. Media is known to be an important transmitter of news to the public. Based on articles in the Financial Times Europe, we test how expectations on the future course of monetary policy presented in the media are affected by central bank communication and interest rate decisions.

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