According to most academics and policymakers, transparency in monetary policymaking is desirable. I examine this … proposition in a small theoretical model emphasizing forward-looking private sector behaviour. Transparency makes it easier for …, transparency may be disadvantageous. It may actually be a policy-distorting straitjacket if the central bank enjoys low …

I report some personal views and reflections on transparency experiences and transparency challenges following my first … transparency in inflation targeting and committee decisions on instrument-rate paths, (3) the management of interest … transparency and flexible inflation targeting that I believe would be desirable. …

motivating decisions, simplifying external evaluation and thereby improving transparency and accountability. I also consider …

the goals of the Eurosystem, the role of exchange rate management in the EMU, and the accountability and transparency of … transparency. Inflation targeting and monetary targeting, in practice, imply similar policy decisions, but monetary targeting … crucial role in ensuring the accountability of the Eurosystem; the minimum transparency needed for effective outside …

become more accountable by increasing the transparency of their lender-of-last-resort and marketmaker-of-last resort …

The present paper extends the literature on central bank transparency that relies on information heterogeneity among … depend on any particular social welfare criterion. Each extension sheds new light on the role of central bank transparency …. Focusing on the signaling role of the interest rate, we consider various degrees of transparency, ranging from full opacity, to …