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Den meisten Akademikern und politischen Entscheidungsträgern zufolge ist Transparenz in der Geldpolitik wünschenswert …. In diesem Fall kann Transparenz negative Folgen haben. Sie kann sich sogar als eine die Geldpolitik verzerrende …According to most academics and policymakers, transparency in monetary policymaking is desirable. I examine this …
Persistent link: https://www.econbiz.de/10011419293
According to most academics and policymakers, transparency in monetary policymaking is desirable. I examine this … proposition in a small theoretical model emphasizing forward-looking private sector behavior. Transparency makes it easier for …, transparency may be disadvantageous. It may actually be a policy-distorting straitjacket if the central bank enjoys low …
Persistent link: https://www.econbiz.de/10011537304
Den meisten Akademikern und politischen Entscheidungsträgern zufolge ist Transparenz in der Geldpolitik wünschenswert …. In diesem Fall kann Transparenz negative Folgen haben. Sie kann sich sogar als eine die Geldpolitik verzerrende …According to most academics and policymakers, transparency in monetary policymaking is desirable. I examine this …
Persistent link: https://www.econbiz.de/10005083135
caused by uncertainty about the economic disturbances to which the central bank responds. Only perfect transparency about … vollkommene Transparenz hinsichtlich der Informationen beseitigt vollständig den Inflationsbias. …
Persistent link: https://www.econbiz.de/10011419400
According to most academics and policymakers, transparency in monetary policymaking isDen meisten Akademikern und … politischen Entscheidungsträgern zufolge ist Transparenz …
Persistent link: https://www.econbiz.de/10012991286
According to most academics and policymakers, transparency in monetary policymaking is good for society. I examine this … proposition in a small theoretical model where more transparency makes it easier for price setters to infer the central bank … contrast with popular perceptions and most existing literature, I find that transparency need not always be advantageous. It …
Persistent link: https://www.econbiz.de/10014146126
Persistent link: https://www.econbiz.de/10012991297
caused by uncertainty about the economic disturbances to which the central bank responds. Only perfect transparency about … vollkommene Transparenz hinsichtlich der Informationen beseitigt vollständig den Inflationsbias. …
Persistent link: https://www.econbiz.de/10010295710
After the recent global financial crisis, central banks in advanced and developing economies found themselves unable to stick to their mandate goal of price stability by resorting to traditional instruments of monetary policy. When key interest rates approached the zero bound, the need to...
Persistent link: https://www.econbiz.de/10012923581
transparency-enhancing measures, such as voting records, transcripts or minutes of policy meetings, and conditional interest rate … transparency-enhancing measures will improve central bank predictability. …
Persistent link: https://www.econbiz.de/10011447433