Transparency, Disclosure, and the Federal Reserve by Michael Ehrmann, Marcel Fratzscher

Transparency, Disclosure, and the Federal Reserve

Michael Ehrmann, Marcel Fratzscher

50 pages missing pub info (view editions)

nonfiction politics challenging informative reflective medium-paced
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This paper provides an assessment of central bank transparency for the efficiency of monetary policy implementation, using the introduction of balance-of-risks assessments by the Federal Reserve as a testing device. We find that markets anticipate...

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