Lustenberger, Thomas and Rossi, Enzo. (2018) Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts? WWZ Working Papers, 2018 (06).
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Official URL: https://edoc.unibas.ch/61496/
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Abstract
In a large sample of countries across different geographic regions and over a long period of time, we find limited country- and variable-specific effects of central bank transparency on forecast accuracy and their dispersion among a large set of professional forecasts of financial and macroeconomic variables. More communication even increases forecast errors and dispersion.
Faculties and Departments: | 06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften 12 Special Collections > WWZ Publications > WWZ Discussion Papers and Working Papers |
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UniBasel Contributors: | Lustenberger, Thomas Beat Markus |
Item Type: | Working Paper |
Publisher: | WWZ, University of Basel |
Number of Pages: | 80 |
Note: | Publication type according to Uni Basel Research Database: Discussion paper / Internet publication |
Language: | English |
Identification Number: |
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edoc DOI: | |
Last Modified: | 08 Mar 2018 11:06 |
Deposited On: | 08 Mar 2018 11:06 |
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