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Central Bank Transparency

Bibliographic Data

ID9719260
AuthorsPetra M Geraats (University of Cambridge, corresponding author)
Year2002
Volume112
Issue483
PagesF532-F565
Publication date2002-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/1468-0297.00082
OpenAlexW2084663935
LanguageEN
Citations received36
References cited45

Central bank transparency has become one of the key features of monetary policy recently. This survey article provides a structured review of the theoretical literature on the consequences of transparency of monetary policy, proposing a distinction between uncertainty and incentive effects of transparency. The theoretical insights are compared to the various ways in which central banks have become transparent in practice. In addition, there is an assessment of the empirical evidence concerning the transparency of monetary policy. Copyright Royal Economic Society 2002

Business · Central bank · Credit channel · Economics · Financial system · Forward guidance · Incentive · Inflation targeting · Microeconomics · Monetary economics · Monetary policy · Political science · Public economics · Transparency (behavior · Accounting · Banking stability, regulation, efficiency · Fiscal Policies and Political Economy · Law · Monetary Policy and Economic Impact

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Unique citing works36
Citations per year1,64
Citation span2004 - 2025 (22)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 36
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