Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/173727 
Year of Publication: 
2017
Series/Report no.: 
Working Paper No. 7/2017
Publisher: 
National Bank of the Republic of Macedonia, Skopje
Abstract: 
This paper summarizes the results of a Survey on Monetary policy Communication conducted among central banks in Central Eastern and South-Eastern Europe and the euro area. The main objective of this Survey was to draw evidence on the level of transparency and communication strategies of the central banks. The results of the Survey reveal that today the central banks pay much attention to the proper transparency and provide significant information about their decisions and policy making process. The overall conclusion of the Monetary policy communication Survey is that the communication and the transparency of the 15 central banks included in the Survey is on satisfactory level. Still, there is always a room for improvement, especially in the area of introducing forward guidance by the central banks and more "proactive ways" of communication with the public.
Subjects: 
survey data
central banks
monetary policy
communication
transparency
JEL: 
E52
E58
E66
G01
Document Type: 
Working Paper

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