01694cas a2200265 a 4500 AALejournalIMF011611 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463931148 1018-5941 BD-DhAAL BD-DhAAL Bulir, Ales. Clarity of Central Bank Communication About Inflation / Ales Bulir, David-Jan Jansen, Martin Cihak. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines whether the clarity of central bank communication about inflation has changed with the economic environment. We use readability statistics and content analysis to study the clarity of communication on the inflation outlook by seven central banks between 1997 and 2010. Overall, we find no strong indications that central banks were less clear in explaining their policies when faced with higher uncertainty or a less favorable inflation outlook. The global financial crisis, however, did have a negative impact on clarity of central bank communication. Mode of access: Internet Cihak, Martin. Jansen, David-Jan. IMF Working Papers; Working Paper ; No. 2012/009 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/009/001.2012.issue-009-en.xml IMF e-Library