IDEAS home Printed from https://ideas.repec.org/b/bis/bisbps/37.html
   My bibliography  Save this book

Monetary policy decisions: preparing the inputs and communicating the outcomes

Author

Listed:
  • Bank for International Settlements

Abstract

The Autumn 2007 Central Bank Economists’ Meeting at the BIS gathered senior representatives from 35 central banks to discuss both the material staff provide to policymakers at their institution as inputs to the policy decision and how the policy outcomes are communicated to the public. The central banks represented at the meeting included all of the largest central banks as well as banks from Africa, Asia, Europe, Oceania, and North and South America. The representatives contributed a background paper describing practices at their central bank. The papers covered what material is provided to policymakers, how it is produced, how it is evaluated, how it has changed and how decisions are communicated. This note was prepared to inform and help structure the discussion. It reviews the central bank contributions, drawing as well on the results of two surveys of central banks conducted by the Central Banking Studies group at the BIS in 2007. The surveys cover the provision of monetary policy analysis and advice by central bank staff and the monetary policy communication practices of central banks.

Suggested Citation

  • Bank for International Settlements, 2008. "Monetary policy decisions: preparing the inputs and communicating the outcomes," BIS Papers, Bank for International Settlements, number 37.
    • Handle: RePEc:bis:bisbps:37
    as

    Download full text from publisher

    File URL: http://www.bis.org/publ/bppdf/bispap37.pdf
    File Function: Full PDF document
    Download Restriction: no
    File URL: http://www.bis.org/publ/bppdf/bispap37.htm
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Attila Csajbók, 2008. "The use of staff policy recommendations in central banks," MNB Working Papers 2008/4, Magyar Nemzeti Bank (Central Bank of Hungary).
    2. Jung, Alexander & Kiss, Gergely, 2012. "Preference heterogeneity in the CEE inflation-targeting countries," European Journal of Political Economy, Elsevier, vol. 28(4), pages 445-460.
    3. Serge Jeanneau, 2009. "Communication of monetary policy decisions by central banks: what is revealed and why," BIS Papers, Bank for International Settlements, number 47.
    4. Jannie Rossouw & Vishnu Padayachee, 2009. "Measuring Inflation Credibility: Results Of A First Representative South African Sample," South African Journal of Economics, Economic Society of South Africa, vol. 77(2), pages 314-331, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bis:bisbps:37. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Beslmeisl (email available below). General contact details of provider: https://edirc.repec.org/data/bisssch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.