Michael Ehrmann, Marcel Fratzscher, Benjamin Born, 29 November 2010

In response to the financial crisis, many central banks are receiving significant new responsibilities for macroprudential supervision. Exploiting the experience of central banks with Financial Stability Reports and other financial stability-related statements, this column argues that such central bank communication can be highly effective, in particular during periods of financial stress.

Esther Duflo, 03 January 2008

High quality empirical evidence from the shows that mass media influences voters but it is not clear that the media imparts a bias. It could be that improving access to any media informs voters and prompts them to turn against an embattled incumbent.

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