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  • 标题:The economic impact of central bank transparency: a survey
  • 本地全文:下载
  • 作者:Carin van der Cruijsen ; Sylvester Eijffinger
  • 期刊名称:DNB Working Papers / De Nederlandsche Bank
  • 出版年度:2007
  • 卷号:1
  • 出版社:De Nederlandsche Bank
  • 摘要:We provide an up-to-date overview of the literature on the desirability of central bank transparency from an economic viewpoint. Since the move towards more transparency, a lot of research on its e¤ects has been carried out. First, we show how the theoretical literature has evolved, by looking into branches inspired by Cukierman and Meltzer (1986) and by investigating several, more recent, research strands (e.g. coordination and learning). Then, we summarize the empirical literature which has been growing more recently. Last, we discuss whether: - the empirical research resolves all theoretical question marks, -how the endings of the literature match the actual practice of central banks, and - where there is scope for more research. JEL codes: E31, E52, E58
  • 关键词:Central Bank Transparency, Monetary Policy, Surve
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