What and how should central banks talk?

January 13, 2014 

Impact is the criterion to evaluate a public policy action
Public authorities normally tend to communicate their accomplishments by reporting to the public the number of actions, known as outputs produced, they have taken during a given period. For instance, a municipality may report the number of trees it may have planted along a street without bothering to count the number that is still growing after one year.

What and How Should Central Banks Talk by nelvely