Striving to Be ""Clearly Open"" and ""Crystal Clear"" : Monetary Policy Communication of the CNB

Bulir, Ales

The Czech National Bank has a respectable track record in terms of its policy actions and the corresponding inflation outturns. Using a simple forward-looking policy rule, we find that its main communication tools-inflation targets, inflation forecasts, verbal assessments of the inflation risks contained in quarterly inflation reports, and the voting within the CNB Board-provided a clear message in about three out of every four observations in our 2001- 2005 sample

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Year of publication:	2008
Authors:	Bulir, Ales
Other Persons:	Bulir, Ales (contributor) ; Smídková, Katerina (contributor)
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Geldpolitik \| Monetary policy \| Zentralbank \| Central bank \| Clearing \| Financial clearing \| Politische Kommunikation \| Political communication

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Erscheint auch als (Druck-Ausgabe):

Bulir, Ales. Striving to Be "Clearly Open" and "Crystal Clear": Monetary Policy Communication of the CNB. - Washington, D.C. : International Monetary Fund, 2008

Persistent link: https://www.econbiz.de/10014401752