IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-30596-0_3.html
   My bibliography  Save this book chapter

A Conceptual Framework for Central Bank Communication

In: Central Banks and Coded Language

Author

Listed:
  • Elke Muchlinski

    (Free University)

Abstract

In this chapter I want to move towards a workable definition of communicative interaction between the central bank and financial markets. This chapter deals with a comprehensive view of communication. Communication is not a linear transformation of information, hence not a linear transformation of a given meaning from a sender to a receiver. The release of information by a central bank implies the creation of non-linear communication structures. I want to propose a nonlinear conceptual framework for central banking and communicative interactions. Since communication is based on interaction between at least two persons or institutions, this interaction contains different modes of perceiving, and processing of, information and, also, understanding. The conceptual framework introduces communication as a procedure of information processing, interactions among people and institutions in different contexts. It excludes the view that communication is based on coded language or mechanical adaptations as described by the standard model of communication.1

Suggested Citation

  • Elke Muchlinski, 2011. "A Conceptual Framework for Central Bank Communication," Palgrave Macmillan Books, in: Central Banks and Coded Language, chapter 2, pages 68-130, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30596-0_3
    DOI: 10.1057/9780230305960_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-30596-0_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.