@techreport{Geraats2005Transparency,
abstract = {Transparency has become one of the main features of monetary policymaking during the last
decade. This paper establishes some stylized facts. In addition, it provides a systematic
overview of the practice of monetary policy transparency around the world. It shows much
diversity in information disclosure, even for central banks with the same monetary policy
framework, including inflation targeting. Nevertheless, the paper finds significant differences
in transparency across monetary policy frameworks. The empirical findings are explained
using key insights distilled from the theoretical literature. Thus, this paper aims to bridge the
gap between the theory and practice of monetary policy transparency.},
author = {Petra Maria Geraats},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {E58; D82; 330; transparency; monetary policy; central bank communication; Geldpolitik; Zentralbank; Kommunikation; Staatliche Information; Welt},
language = {eng},
number = {1597},
title = {Transparency of monetary policy : theory and practice},
type = {CESifo working papers},
url = {http://hdl.handle.net/10419/19061},
year = {2005}
}
