The relationship between central bank transparency and the quality of inflation forecasts: is it U-shaped?
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References listed on IDEAS
- Antonio Forte, 2010.
"The European Central Bank, the Federal Reserve and the Bank of England: Is the Taylor Rule a useful benchmark for the last decade?,"
Journal of Economics and Econometrics,
Economics and Econometrics Society, vol. 53(2), pages 1-31.
- Forte, Antonio, 2009. "The European Central Bank, the Federal Reserve and the Bank of England: is the Taylor Rule an useful benchmark for the last decade?," MPRA Paper 18309, University Library of Munich, Germany.
- Daniel Kahneman, 2003. "Maps of Bounded Rationality: Psychology for Behavioral Economics," American Economic Review, American Economic Association, vol. 93(5), pages 1449-1475, December.
- Petra M. Geraats, 2002. "Central Bank Transparency," Economic Journal, Royal Economic Society, vol. 112(483), pages 532-565, November.
More about this item
KeywordsIntermediate optimal transparency degree; inflation forecasts; inflation persistence; u-shaped relationship; non linear modeling; LSDVC; Principal Component Analysis.;
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-27 (All new papers)
- NEP-CBA-2012-02-27 (Central Banking)
- NEP-FOR-2012-02-27 (Forecasting)
- NEP-MON-2012-02-27 (Monetary Economics)
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