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The role of ECB communication in guiding markets
Authors:Anderes  Marc  Rathke  Alexander  Streicher  Sina  Sturm  Jan-Egbert
Affiliation:1.KOF Swiss Economic Institute, ETH Zurich, Leonhardstrasse 21, 8092, Zurich, Switzerland
;2.CESifo Munich, Munich, Germany
;
Abstract:Public Choice - Economists and central bankers nowadays believe that forward guidance has become more important in a world in which key interest rates have hit their effective lower bounds (ELB)....
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