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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: 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 ...