Central Bank Transparency  

Oleh:

Geraats, Petra M.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 112 no. 483 (2002), page F532-F565.
Topik: central bank; central bank; transparency
Fulltext: F532.pdf (234.82KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.8 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

Central bank transparency has become one of the key features of monetary policy recently. This survey article provides a structured review of the theoretical literature on the consequences of transparency of monetary policy, proposing a distinction between uncertainty and incentive effects of transparency. The theoretical insights are compared to the various ways in which central banks have become transparent in practice. In addition, there is an assessment of the empirical evidence concerning the transparency of monetary policy.

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