Central banks' forecasts are important monetary policy inputs and tools for central bank
communication. We survey the literature on forecasting at the Federal Reserve, European …

Focusing on a set of central banks that publish inflation forecasts in real time, this paper
aims to establish whether central bank inflation forecasts influence private inflation forecasts …

We assess how well measures of disagreement in qualitative survey expectations reflect
disagreement in corresponding quantitative expectations. We consider a variety of …

This paper provides original empirical evidence on the emerging practice by central banks
of communicating uncertainty in their inflation projections. We compare the effects of point …

This paper studies the macroeconomic effects of central bank forward guidance when
central bank credibility is endogenous. We take a stylized New Keynesian model with an …

Central banks are increasingly communicating their economic outlook in an effort to manage
the public and financial market participants' expectations. We provide original causal …

We construct a 23-country panel data set to consider the effect of central bank projections
and forward guidance on private-sector forecast disagreement. We find that central bank …

This paper examines the effectiveness of forward guidance shocks in the US. We estimate a
New Keynesian model with imperfect central bank credibility and heterogeneous …

How do private agents understand central bank actions and communication? This paper
investigates private agents' interpretation of central bank signals about future policy and the …

This paper studies the optimal disclosure strategy of a Sender who wants to influence hetero-
geneous Receivers' expectations by providing public information. I introduce heterogeneous …