Is it Worth Revealing More? Central Banks’ Transparency and its Measurement

Magdalena Szyszko

Data publikacji : 2023-11-21

Tom 65 Nr 4 (2016)

Is it Worth Revealing More? Central Banks’ Transparency and its Measurement

Magdalena Szyszko

Abstrakt

This paper focuses on monetary policy transparency. Central banks’ practice in the field of communication, especially while signalling their intentions, is not reflected in most known transparency measures. The following paper presents a comparison of the best-known transparency indices and offers an extension to them that focuses on the forward-lookingness of the central bank. A more elaborate approach to signalling intentions is not covered by transparency measures developed in the pre-crisis period. Thus the purpose of this paper is methodological: developing extended transparency measures. Additionally, the application of these extensions is presented. The empirical part of the research covers the Czech Republic and Poland.

Inne teksty tego samego autora

Magdalena Szyszko, Maria Magdalena Golec, „Instytucje i usługi bankowe”, Wydawnictwo Wyższej Szkoły Bankowej w Poznaniu, Poznań 2016 , Bezpieczny Bank: Tom 64 Nr 3 (2016)

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Szyszko, M. . (2023). Is it Worth Revealing More? Central Banks’ Transparency and its Measurement. Bezpieczny Bank, 65(4), 7–26. Pobrano z https://ojs.bfg.pl/index.php/bb/article/view/273

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Utwór dostępny jest na licencji Creative Commons Uznanie autorstwa – Użycie niekomercyjne – Na tych samych warunkach 4.0 Międzynarodowe.

Bibliografia

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