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What is Central Bank Communication Clarity Analysis about?

This paper investigates the clarity of central bank communication regarding inflation across seven central banks over the past decade, revealing significant differences in clarity influenced by country-specific and institutional factors. The study finds that while some central banks have improved their communication clarity, others have not, and identifying consistent determinants of clarity remains challenging. Overall, it suggests that a one-size-fits-all model for clarity in central bank communication is

Author

Rômullo Carvalho

Language

EN