DocumentCode
2116804
Title
Notice of Retraction
The Impact of Central Bank Communication on Public Expectations
Author
Bei Lu ; Xin Liu ; Hui Wang
Author_Institution
Antai Coll. of Econ. & Manage., Shanghai Jiaotong Univ., Shanghai, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Countries around the world have attached great importance to the public expectations. Central bank communication is one of the most important means to guide expectation. This paper analyzes about the impact of the central bank signal on financial market expectations by designing the basic framework of central bank communication. Different types of monetary policy committee select dissimilar information contents and communication modes according to various needs of social groups. The influence of People´s Bank of China (PBC) communication on shaping the public expectations is limited. It is important for PBC to persist in enhancing monetary policy transparency and improving its communication skill.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Countries around the world have attached great importance to the public expectations. Central bank communication is one of the most important means to guide expectation. This paper analyzes about the impact of the central bank signal on financial market expectations by designing the basic framework of central bank communication. Different types of monetary policy committee select dissimilar information contents and communication modes according to various needs of social groups. The influence of People´s Bank of China (PBC) communication on shaping the public expectations is limited. It is important for PBC to persist in enhancing monetary policy transparency and improving its communication skill.
Keywords
banking; stock markets; PBC communication; central bank communication; communication skill; financial market expectation; monetary policy committee; people bank-of-China; public expectation; social group; Communication channels; Economics; Educational institutions; Feedback; Information resources; Joining processes; Proposals; Signal analysis; Signal design; Voting;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Type
conf
DOI
10.1109/ICMSS.2009.5302672
Filename
5302672
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