Monetary policy communication  In implementing unconventional monetary policy, communication with the public has become increasingly important recently. Central banks have been making efforts to enhance  2  The potential economic stimulus effects have been widely discussed in the recent theoretical research.
See, for example, Willem H. Buiter, “The Simple Analytics of Helicopter Money: Why It Works – Always,” Economics 8, 1–53, 2014; and Jordi Gali, “The Effects of a Money-Financed Fiscal Stimulus,” CEPR Discussion Paper 10165, September 2014.