EZB: Mehr Transparenz wagen
AbstractThe ECB is a central bank with a high level of transparency. However, it still does not publish voting records or minutes, and it publishes infl ation forecasts only on a quarterly basis. This paper argues that both the credibility and effectiveness of the ECB’s monetary policy could be enhanced by enlarging its transparency. This is especially necessary if the central bank takes such far-reaching decisions as the unlimited bond buying programme. Then the public has a right to know how and why this decision was taken. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2012
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Bibliographic InfoArticle provided by Springer in its journal Wirtschaftsdienst.
Volume (Year): 92 (2012)
Issue (Month): 12 (December)
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- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
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