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      Central banking with many voices: the communications arms race 

      Cecchetti, Stephen G.; Schoenholtz, Kermit L. (Banco Central de Chile, 2021-10)
      The job of central bankers is to use the monetary powers granted to them to promote price stability, sustainable growth, and a stable financial system. They do this in an environment fraught with unavoidable uncertainties. ...
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      Central banking with many voices: the communications arms race 

      Vissing-Jorgensen, Annette (Banco Central de Chile, 2021-10)
      Around the world, most central banks set policy by committee. This is motivated in part by the idea that groups reach better decisions than individuals and in part by a desire for representation of different geographical ...
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      Independence, credibility, and communication of central banking 

      Pastén, Ernesto; Reis, Ricardo (Banco Central de Chile, 2021-10)
      The three topics covered in the title of this volume have proved to be critical in the remarkable success of modern central banks around the globe in the fight to control inflation and smooth macroeconomic fluctuations. ...
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      Independence, credibility, and communication of central banking: an overview 

      Pastén, Ernesto; Reis, Ricardo (Banco Central de Chile, 2021-10)
      The institution of central-bank independence is often lauded as a great conquest of the accumulation of knowledge and the sensible setting of policy. The economic literature is filled with arguments for why an independent ...
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      The three E’s of central-bank communication with the public 

      Haldane, Andrew; Macaulay, Alistair; McMahon, Michael (Banco Central de Chile, 2021-10)
      Central banks used to ask, “Shall we communicate this?” Now, as a rule, they ask, “Why wouldn’t we communicate this?” This first wave of the revolution in central-bank communication is giving rise to a second wave. The ...