Jakob de Haan

TL;DR: The authors survey the literature on central bank communication and find that communication can be an important and powerful part of the central bank's toolkit since it has the ability to move financial markets, to enhance the predictability of monetary policy decisions, and potentially to help achieve central banks' macroeconomic objectives.

TL;DR: In this paper, the authors estimate Taylor rules for the euro area using Consensus Economics data for expected inflation and output growth, and compare these estimates with more conventional specifications in which actual outcomes are used.

TL;DR: The authors studied the communication by European central bankers during the first years of the European Economic and Monetary Union and found that comments by central bankers on interest rates, inflation and economic growth in the Eurozone have often been contradictory.

TL;DR: In this paper, the authors examined the effect of bank regulation and supervision on banking risk, and found that stricter regulations and supervision reduce bank riskiness, but only when there is a high level of institutional quality.