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
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 4611
- Classification
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Wirtschaft
Monetary Policy
Central Banks and Their Policies
- Subject
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monetary policy
transparency
central banks
- Event
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Geistige Schöpfung
- (who)
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Geraats, Petra
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Geraats, Petra
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2014