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Event
15 Nov 2010
Economy

What Role for Central Bank Communication?

Conference on Monetary Policy and Financial Stability

In order to minimise the risk of a reputational loss, central banks that are entrusted with supervisory tasks will need to carefully design their respective communication policies. The way the central bank communicates will also be particularly important in situations where conflicts among its different goals arise. The conference aims to bring together academics and researchers at policy institutions to discuss ongoing research on these issues. Questions to be addressed include, but are not limited to: * The role of central bank communication in the conduct of monetary policy and in ensuring financial stability. Is the role of communication in maintaining price stability and financial stability different? What should be communicated with respect to financial stability? How should central banks communicate in the presence of conflicts among different goals? * What is the role of Financial Stability Reports (FSRs) in maintaining financial stability? How have FSRs evolved over time? Is the information content of FSRs different across central banks and if so, what explains these differences? What role do FSRs play in central bank communication? * Analyses of the reputational risk that is entailed, e.g. by studying the determinants of central bank reputation, its evolution over time (and in particular during crisis episodes), the effect of reputation on central bank performance, and the degree to which reputation and its effects depend on the central bank having supervisory functions. * The extent to which communication effects and reputation risks differ depending on the form and extent of the financial stability mandate of the central bank.

When

15 Nov 2010 @ 09:00 am

16 Nov 2010 @ 05:00 pm

Duration: 1 days, 8 hours


Where

De Nederlandsche Bank

Westeinde 1 0128

Centrum

Netherlands


Language

English en


Organised by

De Nederlandsche Bank

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