| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8192 |
| DP8192 Monetary Policy in the Media | |
| Helge Berger; Michael Ehrmann; Marcel Fratzscher | |
| 发表日期 | 2011-01-17 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | Just like private companies depend crucially on their ability to reach customers, policymakers must communicate with private agents to be successful--and much of this communication is channeled through the media. This is especially true for central banks because the effectiveness of monetary policy depends to a large degree on their credibility among the general public. Using the case of the European Central Bank (ECB), the paper analyses the favorableness with which monetary policy decisions are reported upon in the print media. We find that media coverage is, among other things, influenced by the amount of information communicated by the ECB. There are, however, also indications of a critical monitoring role assumed by the media, which tends to report more negatively on ECB policy decisions when inflation exceeds the inflation target. |
| 主题 | International Macroeconomics |
| 关键词 | Communication Coverage Ecb Media monetary policy Press |
| URL | https://cepr.org/publications/dp8192 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537029 |
| 推荐引用方式 GB/T 7714 | Helge Berger,Michael Ehrmann,Marcel Fratzscher. DP8192 Monetary Policy in the Media. 2011. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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