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A central bank's decisions and actions are encapsulated in the method of communicating action. In contrast to a coded language the everyday language has its reference in the context and to the means of acting. According to the modern view of central banks' credibility, transpare…
This book explores implications of the modern view of central banks rising from the proposition that words have no meaning beyond their use in a particular context and setting. It studies coded language to explain why a central bank's decisions and communicative interactions can…
Introduction The Way Out of 'Monetary Mystique' A Conceptual Framework for Central Bank Communication Central Banking and Communication as a Function of Circumstance Economics and Language Language Expectations Conclusion Bibliography. This book explores implications of the mod…
A central bank's decisions and actions are encapsulated in the method of communicating action. In contrast to a coded language the everyday language has its reference in the context and to the means of acting. According to the modern view of central banks' credibility, transpare…
This book is indispensable reading for postgraduates and researchers in the field of Modern Central Bank Theory, Institutional Economics, International Political Economy, Constitutional Economics, and Public Choice and will also be relevant to policy makers researching central b…