function as a guide for the inflationary expectations of economic agents, transparency in the handling of the monetary policy … empirical research concerning transparency in handling monetary policy. The main conclusion suggests that transparency must be …

Central Bank transparency: an analysis of the Brazilian case. Nowadays there is a tendency among central banks of … increasing transparency in the conduction of the monetary policy. After the adoption of inflation targeting in Brazil there was … recent theoretical and empirical literature concerning this subject. Furthermore, an analysis due to the transparency in the …