Transparency analysis in the function of central bank objective
During the late 1980s and early 1990s there was an interest in the academics literature in the role of transparency in monetary policy-making, which partly reflects the increased attention central banks devoted to communication issues in monetary policy practice. Most commonly, transparency implies the absence of asymmetrical information between financial markets and monetary policy makers. With respect to central bank, transparency requirement applies in the first instance to minimizing uncertainty associated with its monetary policy. An increase in transparency has been greatly influenced by the practice of publishing the inflation report, which is especially common in countries that accepted inflation targeting as their monetary strategy.
Volume (Year): 1 (2012)
Issue (Month): 1 ()
|Contact details of provider:|| Postal: Bulevar Svetog Petra Cetinjskog br. 6, 81000 Podgorica|
Phone: +382 20 403 136
Fax: +382 20 664 029
Web page: http://www.cbcg.me/eng/index.php?bl=journal
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- M. Demertzis & A. Hughes Hallet, 2002.
"Central Bank Transparency in Theory and Practice,"
WO Research Memoranda (discontinued)
704, Netherlands Central Bank, Research Department.
- Maria Demertzis & Andrew Hughes Hallett, 2004. "Central bank transparency in theory and practice," Money Macro and Finance (MMF) Research Group Conference 2003 23, Money Macro and Finance Research Group.
- DEMERTZIS Maria & HUGHES HALLETT Andrew, "undated". "Central Bank Transparency in Theory and Practice," EcoMod2003 330700041, EcoMod.
- Demertzis, Maria & Hughes Hallett, Andrew, 2002. "Central Bank Transparency in Theory and Practice," CEPR Discussion Papers 3639, C.E.P.R. Discussion Papers.
- Demertzis, Maria & Andrew Hughes Hallett, 2003. "Central Bank Transparency in Theory and Practice," Royal Economic Society Annual Conference 2003 56, Royal Economic Society.
- Maria Demertzis & Andrew Hughes Hallet, 2003. "Central Bank Transparency in Theory and Practice," DNB Staff Reports (discontinued) 105, Netherlands Central Bank.
- Cukierman, Alex & Gerlach, Stefan, 2003.
"The Inflation Bias Revisited: Theory and Some International Evidence,"
CEPR Discussion Papers
3761, C.E.P.R. Discussion Papers.
- Alex Cukierman & Stefan Gerlach, 2003. "The inflation bias revisited: theory and some international evidence," Manchester School, University of Manchester, vol. 71(5), pages 541-565, 09.
- Winkler, Bernhard, 2000. "Which kind of transparency? On the need for clarity in monetary policy-making," Working Paper Series 0026, European Central Bank.
- Seth B. Carpenter, 2004. "Transparency and monetary policy: what does the academic literature tell policymakers?," Finance and Economics Discussion Series 2004-35, Board of Governors of the Federal Reserve System (U.S.).
When requesting a correction, please mention this item's handle: RePEc:cbk:journl:v:1:y:2012:i:1:p:77-90. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.