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Economics and Language

In: Central Banks and Coded Language

Author

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  • Elke Muchlinski

    (Free University)

Abstract

This chapter discusses a relatively small range of contributions addressing the combined fields of economics, communications, and language.1 Language is a constituent for scholarly work in economics. Language is used to build and develop certain research tools, methods, and instruments in different realms of economic science. Despite the focus of this book being on central banking, I would like to shed light on the question of how economists have been working on language. Economists are not used to systematically reflecting on their use of language. This chapter presents an overview of how economic sciences have dealt with communication, and it outlines an example of how central bank modelling has been influenced by the acknowledgement of the constitutive roles played by language and changing contexts, that is, by stepping out of the model view.

Suggested Citation

  • Elke Muchlinski, 2011. "Economics and Language," Palgrave Macmillan Books, in: Central Banks and Coded Language, chapter 4, pages 154-198, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30596-0_5
    DOI: 10.1057/9780230305960_5
    as

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