Reaching a Wider Audience: Is the ECB Trending?
In-Depth Analysis
15-01-2020
Central banks are increasingly recognising the importance of communicating with the wider public. We document that interest in monetary policy is intermittent, usually linked to major decisions and/or personnel changes. The ECB should not expect that every one of its decisions is noticed by the general public. The Monetary Dialogue fulfils the typical function of a representative democracy in which citizens delegate to their elected representatives the task of monitoring policy implementation by independent institutions. This document was provided by Policy Department A at the request of the Committee on Economic and Monetary Affairs.
In-Depth Analysis
External author
Daniel GROS, Angela CAPOLONGO
About this document
Publication type
Policy area
Keyword
- access to information
- administrative transparency
- communications
- economic conditions
- ECONOMICS
- EDUCATION AND COMMUNICATIONS
- EU institutions and European civil service
- European Central Bank
- EUROPEAN UNION
- executive power and public service
- FINANCE
- financial institutions and credit
- financial market
- free movement of capital
- inflation
- information and information processing
- interest
- monetary economics
- monetary policy
- POLITICS
- politics and public safety
- price stability
- prices
- public opinion
- public relations