accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks … Japan, Bank of England und Federal Reserve System). Im zweiten Teil stellen wir eine Theorie über die Rechenschaftspflicht …

accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks …The first part of this paper outlines the concept of democratic accountability of central banks, and compares the legal …

The first part of this paper outlines the concept of democratic accountability of centralDer erste Teil dieses Papiers …

transparency-enhancing measures, such as voting records, transcripts or minutes of policy meetings, and conditional interest rate … respect to the performance of the Bank of England, the Bank of Japan, the European Central Bank, and the Federal Reserve. Our … transparency-enhancing measures will improve central bank predictability. …

respect to the performance of the Bank of England, the Bank of Japan, the European Central Bank, and the Federal Reserve. Our … 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 …

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 …

regarding its focus range, to make it even more effective. In our view, the transparency/accountability issue represented by a … optimal degree of ECB transparency and accountability towards the EP, the key democratic institution. … gegenwärtig stark verändernden Geldpolitik. Die Diskussion wird geführt im Hinblick auf die Verwendung eines Zinsausblicks …

regarding its focus range, to make it even more effective. In our view, the transparency/accountability issue represented by a … optimal degree of ECB transparency and accountability towards the EP, the key democratic institution. …