We study the effects of Central Bank transparency on inflation and the output gap. We thus first identify a small … analytical model which concludes that transparency affects the variability of inflation and output and not their average levels … explain however, about 50% of the variability in inflation. The relation between transparency and output volatility is less …

We study the effects of Central Bank transparency on inflation and the output gap. We thus identify a small analytical … model which concludes that transparency affects the variability of inflation and output and not their average levels. Then … however, about 50% of the variability in inflation. The relation between transparency and output volatility is less clear but …

expectations are important relative to the output gap in determining current inflation, the central bank should be less activist …

This paper examines whether the clarity of central bank communication about inflation has changed with the economic … environment. We use readability statistics and content analysis to study the clarity of communication on the inflation outlook by … explaining their policies when faced with higher uncertainty or a less favorable inflation outlook. The global financial crisis …

Recently, it has often been argued that globalization eases the job of central banks as it helps to tame inflation …-Treaty) could or should reduce their efforts in the fight against inflation in favour of supporting the general economic policies of …