| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16525 |
| DP16525 Central Bank Communication with Non-Experts - A Road to Nowhere? | |
| Michael Ehrmann; Alena Wabitsch | |
| 发表日期 | 2021-09-08 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Central banks have intensified their communication with non-experts – an endeavour which some have argued is bound to fail. This paper studies English and German Twitter traffic about the ECB to understand whether its communication is received by non-experts and how it affects their views. It shows that Twitter traffic is responsive to ECB communication, also for non-experts. For several ECB communication events, Twitter constitutes primarily a channel to relay information: tweets become more factual and the views expressed more moderate and homogeneous. Other communication events, such as former President Draghi’s “Whatever it takes” statement, trigger persistent traffic and a divergence in views. Also, ECB-related tweets are more likely to get retweeted or liked if they express stronger or more subjective views. Thus, Twitter also serves as a platform for controversial discussions. The findings suggest that central banks manage to reach non-experts, i.e. their communication is not a road to nowhere. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | monetary policy Central bank communication Social media Non-experts |
| URL | https://cepr.org/publications/dp16525 |
| 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/545479 |
| 推荐引用方式 GB/T 7714 | Michael Ehrmann,Alena Wabitsch. DP16525 Central Bank Communication with Non-Experts - A Road to Nowhere?. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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