Arbeitspapier

Monetary Policy Transparency

There has been a remarkable rise in the transparency of monetary policy during the last two decades. This paper provides an overview of the ways in which central banks have been providing more information about their monetary policymaking. Furthermore, it reviews the theoretical literature on monetary policy transparency and relevant empirical findings. The focus is on understanding two key developments, the notable increase in openness about macroeconomic prospects and the recent advance of forward policy guidance.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 4611

Classification
Wirtschaft
Monetary Policy
Central Banks and Their Policies
Subject
monetary policy
transparency
central banks

Event
Geistige Schöpfung
(who)
Geraats, Petra
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2014

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Geraats, Petra
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2014

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