04636oam 22011414 450 991081017550332120240402044736.01-4623-9107-91-4527-2382-61-282-84455-597866128445531-4518-7407-3(CKB)3390000000010758(EBL)1605926(OCoLC)671571355(IMF)WPIEE2009262(MiAaPQ)EBC1605926(EXLCZ)99339000000001075820020129d2009 uf 0engur|n|---|||||txtrdacontentcrdamediacrrdacarrierInflation Targeting Pillars - Transparency and Accountability /Douglas Laxton, Charles Freedman1st ed.Washington, D.C. :International Monetary Fund,2009.1 online resource (39 p.)IMF Working PapersDescription based upon print version of record.Includes bibliographical references.Cover Page; Title Page; Copyright Page; Contents; I. Transparency; II. Communications Strategy; III. Role of the Forecast in Communications; 1. Changes in 12-Month Interest Rates Following Revisions in Policy Rate; IV. Communicating the Risks Surrounding the Forecast; V. Should There Be Limits to What is Made Public?; VI. Accountability; Appendix: Background and Brief Summary of the Books; References; FootnotesThis is the fourth chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation- Targeting Regimes: Saying What You Do and Doing What You Say." It examines a number of issues related to transparency and accountability in an inflation-targeting regime. It first looks at the factors behind the move to increased transparency in recent years and the important role of a communications strategy in transparency. It then turns to the role of the forecast in communications, how risks surrounding the forecast are communicated, and whether there should be limits on what is made public. It concludes with a short discussion of accountability.IMF Working Papers; Working Paper ;No. 2009/262Inflation targetingMonetary policyBanks and BankingimfInflationimfMoney and Monetary PolicyimfPublic FinanceimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfPrice LevelimfDeflationimfInterest Rates: Determination, Term Structure, and EffectsimfTaxation, Subsidies, and Revenue: GeneralimfMonetary PolicyimfBankingimfMacroeconomicsimfPublic finance & taxationimfMonetary economicsimfCentral bank policy rateimfCommunications in revenue administrationimfInflation targetingimfBanks and bankingimfPricesimfInterest ratesimfRevenueimfMonetary policyimfNew ZealandimfInflation targeting.Monetary policy.Banks and BankingInflationMoney and Monetary PolicyPublic FinanceBanksDepository InstitutionsMicro Finance InstitutionsMortgagesPrice LevelDeflationInterest Rates: Determination, Term Structure, and EffectsTaxation, Subsidies, and Revenue: GeneralMonetary PolicyBankingMacroeconomicsPublic finance & taxationMonetary economicsCentral bank policy rateCommunications in revenue administrationInflation targetingBanks and bankingPricesInterest ratesRevenueMonetary policy332.152Laxton Douglas1594457Freedman Charles1139411International Monetary Fund.DcWaIMFBOOK9910810175503321Inflation Targeting Pillars - Transparency and Accountability3914996UNINA