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Jansen, D.J. (2011). Mumbling with great incoherence: Was it really so difficult to understand Alan Greenspan? Economics Letters, 113(1):70--72.


  • Journal
    Economics Letters

We show how most Humphrey-Hawkins testimonies by Paul Volcker and Alan Greenspan were difficult to follow, implying the general public needs information through different, more accessible communications. Still, it is not obvious that Greenspan was increasingly 'mumbling with great incoherence'.