Journals Higher Education
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$74.00

Hardcover

Published: 12 October 2020

224 Pages

5-1/2 x 8-1/4 inches

ISBN: 9780190499488


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Bookseller Code (06)

Crafting Consensus

Why Central Bankers Change Their Speech and How Speech Changes the Economy

Nicole Baerg

  • Offers empirical analysis of how central bank committees work and how their communication of policy can affect the public's expectations and the economy
  • Proposes a new theory of committee decision making that shows how monetary policy results from decisions by strategic actors with biased preferences
  • Provides textual analysis of monetary policy statements which have never been analyzed before
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