How Transparent are Central Banks

By Sylvester C. W. Eijffinger, P. Geraats. 2006

562 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/007e2a6ea75a875e4413f7218f580b7cbcdfc807

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. C. Walsh
2. J. Muellbauer
3. J. Aron
4. Carlo Rosa
5. G. Verga
6. Alan S. Blinder
7. P. Geraats
8. Marcel Fratzscher

In Finance

1. C. Walsh
2. J. Aron
3. J. Muellbauer
4. Carlo Rosa
5. G. Verga
6. Alan S. Blinder
7. P. Geraats
8. Marcel Fratzscher

Citations in the corpus

• Central Bank Independence and Transparency: Evolution and Effectiveness (2008, unknown): “This taxonomy has become the benchmark for analyzing central bank transparency (see Eijffinger and Geraats, 2006, and Dincer and Eichengreen, 2007), and we also adopt it in computing our transparency index.13 We note, however, that there is no consensus view regarding the precise definition of…”
• Review of Monetary Policy in South Africa Since 1994 (2007, methodology): “Eijffinger and Geraats (2006) outline a framework to assess the different channels of transparency, organised by political, economic, procedural, policy and operational aspects of central banking.”
• Optimal Central Bank Transparency (2008, unknown): “These results support our hypothesis, that there is an optimal degree of transparency beyond which extra transparency results in more in fl ation persistence.”
• Inflation Targeting: What Have We Learned? (2009, background): “Eijffinger and Geraats (2006) also have constructed an index of transparency for nine central banks, all representing developed economies.”
• Trends in Monetary Policy Transparency (2009, unknown): “8Fry et al. (2000) found greater policy transparency in their 1998 survey, with 76 (out of 94) central banks claiming to provide a prompt explanation of policy changes.”
• The Role of Central Bank Transparency for Guiding Private Sector Forecasts (2012, unknown): “Eijffinger and Geraats (2006) have developed a central bank transparency index, which is an aggregate of subindices relating to (1) political, (2) economic, (3) procedural, (4) policy and (5) operational transparency.”
• On the consistency and effectiveness of central bank communication: Evidence from the ECB (2007, background): “Eijffinger and Geraats (2006) propose and construct an explicit transparency index for nine major central banks for the period 1998–2002.”
• Monetary Policy by Committee: Why and How? (2007, background): “On the vertical axis, I have recorded the rankings of nine major central banks on transparency created by Eijffinger and Geraats (2005).”
• Transparency of Monetary Policy: Theory and Practice (2006, methodology): “This also follows from the detailed transparency data collected by Eijffinger and Geraats (2004), which covers fifteen different items for nine major central banks.”