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Transparency of monetary policy : theory and practice

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dc.creator Geraats, Petra Maria
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:39Z
dc.date.available 2013-10-16T07:02:39Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19061
dc.identifier ppn:503765074
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19061
dc.description Transparency has become one of the main features of monetary policymaking during the last decade. This paper establishes some stylized facts. In addition, it provides a systematic overview of the practice of monetary policy transparency around the world. It shows much diversity in information disclosure, even for central banks with the same monetary policy framework, including inflation targeting. Nevertheless, the paper finds significant differences in transparency across monetary policy frameworks. The empirical findings are explained using key insights distilled from the theoretical literature. Thus, this paper aims to bridge the gap between the theory and practice of monetary policy transparency.
dc.language eng
dc.relation CESifo working papers 1597
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E58
dc.subject D82
dc.subject ddc:330
dc.subject transparency
dc.subject monetary policy
dc.subject central bank communication
dc.subject Geldpolitik
dc.subject Zentralbank
dc.subject Kommunikation
dc.subject Staatliche Information
dc.subject Welt
dc.title Transparency of monetary policy : theory and practice
dc.type doc-type:workingPaper


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