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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19061| Title: | Transparency of monetary policy : theory and practice |
| Keywords: | E58 D82 ddc:330 transparency monetary policy central bank communication Geldpolitik Zentralbank Kommunikation Staatliche Information Welt |
| Issue Date: | 16-Oct-2013 |
| 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19061 |
| Other Identifiers: | http://hdl.handle.net/10419/19061 ppn:503765074 |
| Appears in Collections: | EconStor |
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