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Book Cover
E-book
Author Muchlinski, Elke.

Title Central banks and coded language : risks and benefits / Elke Muchlinski
Published Basingstoke : Palgrave Macmillan, 2010

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Description 1 online resource
Contents 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
Summary 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, transparency and language refer to the central bank's practice. The book deals with the implications and consequences of the modern view of central banks. The implications emerge from the proposition that words and sentences have no meaning beyond their use in a particular context and environment. It also focuses on coded language in order to explain why a central bank's decisions and communicative interactions cannot be devoted to an artificially created coded language. 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 banks and professionals interested in the field of central banking
Bibliography Includes bibliographical references (pages 231-256) and index
Notes Print version record
Subject Banks and banking, Central.
Communication in financial institutions.
Macroeconomics.
Monetary economics.
BUSINESS & ECONOMICS -- Banks & Banking.
Economics.
Banks and banking, Central
Communication in financial institutions
Form Electronic book
ISBN 9780230305960
0230305962
9786613124531
6613124532