transparency and communication strategies of the central banks. The results of the Survey reveal that today the central banks pay … process. The overall conclusion of the Monetary policy communication Survey is that the communication and the transparency of …This paper summarizes the results of a Survey on Monetary policy Communication conducted among central banks in Central …

to revert to other types of Fed communication in the inter-meeting periods, and come to their own assessment of the … indeed have improved transparency in the sense that information is now released to the markets at an earlier time and with …

Transparency has become an almost universal virtue among central banks. The paper tests empirically, for the case of … the Federal Reserve, two hypotheses about central bank transparency derived from the debate of Morris and Shin (2002) and … Svensson (2006). First, the paper finds that the precision of communication is a key determinant of the predictability of both …

Despite substantial differences in monetary policy and communication strategies, many central banks share the practice … of purdah, a self-imposed guideline of abstaining from communication around policy meetings or other important events …. This practice is remarkable, as it seems to contradict the virtue of transparency by requiring central banks to withhold …

their assessment of central bank communication skills and success in conveying objectives as well as the importance of … transparency-enhancing measures, such as voting records, transcripts or minutes of policy meetings, and conditional interest rate … and their overall communication skills on the one hand, and market participants' perception of the banks' predictability …

their assessment of central bank communication skills and success in conveying objectives as well as the importance of … and their overall communication skills on the one hand, and market participants' perception of the banks' predictability … transparency-enhancing measures will improve central bank predictability. …

There has been a remarkable rise in the transparency of monetary policy during the last two decades. This paper …. Furthermore, it reviews the theoretical literature on monetary policy transparency and relevant empirical findings. The focus is …

accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve …: transparency of actual monetary policy and the question of who bears final responsibility for monetary policy. The paper shows that … accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks …

accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve …: transparency of actual monetary policy and the question of who bears final responsibility for monetary policy. The paper shows that … accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks …