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Central banks and coded language = risks and benefits /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Central banks and coded language/ Elke Muchlinski.
Reminder of title:	risks and benefits /
Author:	Muchlinski, Elke.
Published:	Basingstoke :Palgrave Macmillan, : 2010.,
Description:	1 online resource.
Subject:	Banks and banking, Central. -
Online resource:	An electronic book accessible through the World Wide Web; click for information
ISBN:	9780230305960 (electronic bk.)

Central banks and coded language = risks and benefits /
Muchlinski, Elke.

Central banks and coded languagerisks and benefits /[electronic resource] :Elke Muchlinski. - Basingstoke :Palgrave Macmillan,2010. - 1 online resource.

Includes bibliographical references (p. 231-256) and index.

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.

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.

ISBN: 9780230305960 (electronic bk.)

Source: 365489Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

234860
Banks and banking, Central.
Index Terms--Genre/Form:

96803
Electronic books.

LC Class. No.: HG1811 / .M83 2010

Dewey Class. No.: 332.11014

Central banks and coded language = risks and benefits /
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504 $a Includes bibliographical references (p. 231-256) and index.
505 0 $a 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.
520 $a 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.
588 $a Description based on print version record.
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