Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia> National Economists Club, Washington, D.C., April 12, 2012

Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia> National Economists Club, Washington, D.C., April 12, 2012

Presentation to the University of California at Berkeley Boalt School Alumni, San Francisco, March 2, 2005

Presentation to the University of California at Berkeley Boalt School Alumni, San Francisco, March 2, 2005

The 1990s and early 2000s witnessed an unprecedented increase in central bank transparency around the world, yet there has been little empirical work that convincingly demonstrates any economic benefits of increased central bank transparency. This paper shows that, since the late 1980s, U.S,...

Transparency in monetary policy has become a popular topic over the past decade. However, the majority of the economic research is theoretical, calling into question its value as a practical guide to monetary policy. This paper surveys the literature to assess what conclusions a central bank can...