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Opaque rather than transparent: Why the public cannot monitor monetary policy

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  • Michael Belongia

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Suggested Citation

  • Michael Belongia, 2007. "Opaque rather than transparent: Why the public cannot monitor monetary policy," Public Choice, Springer, vol. 133(3), pages 259-267, December.
    • Handle: RePEc:kap:pubcho:v:133:y:2007:i:3:p:259-267
    DOI: 10.1007/s11127-007-9227-0
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    References listed on IDEAS

    as
    1. William Barnett, 2005. "Monetary Aggregation," Macroeconomics 0503017, University Library of Munich, Germany.
    2. Ben S. Bernanke, 2005. "Nomination hearing: testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, November 15, 2005," Speech 152, Board of Governors of the Federal Reserve System (U.S.).
    3. David Laidler, 2004. "Monetary Policy after Bubbles Burst: The Zero Lower Bound, the Liquidity Trap and the Credit Deadlock," Canadian Public Policy, University of Toronto Press, vol. 30(3), pages 333-340, September.
    4. 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.).
    5. Robert E. Dorsey, 2000. "Neural Networks with Divisia Money: Better Forecasts of Future Inflation," Palgrave Macmillan Books, in: Michael T. Belongia & Jane M. Binner (ed.), Divisia Monetary Aggregates, chapter 2, pages 28-43, Palgrave Macmillan.
    6. Michael T. Belongia & Jane M. Binner (ed.), 2000. "Divisia Monetary Aggregates," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-28823-2.
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    Citations

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    Cited by:

    1. Michael Ehrmann & Marcel Fratzscher, 2013. "Dispersed communication by central bank committees and the predictability of monetary policy decisions," Public Choice, Springer, vol. 157(1), pages 223-244, October.
    2. Alexander W. Salter & William J. Luther, 2019. "Adaptation and central banking," Public Choice, Springer, vol. 180(3), pages 243-256, September.

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    More about this item

    Keywords

    Monetary policy; Federal Reserve; Transparency; E58; E52; E42;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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