Original scientific paper
Theoretical Base of Monetary Policy Transparency
Borivoje D. Kruskovic
Abstract
Transparency is most often defi ned as the absence of asymmetrical information between fi nancial markets and monetary policy makers. There are different views on the central bank transparency (Assuring, Exacting, Irrelevance, Conditional, Disturbing and Diverting view). The examination of the central bank transparency is actually the examination of the effects of infl ation targeting.
Keywords
transparency; inflation targeting; inflation
Hrčak ID:
78741
URI
Publication date:
1.5.2011.
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