04807oam 22012134 450 991096444020332120250426110749.0978661284455397814623910731462391079978145272382214527238269781282844551128284455597814518740751451874073(CKB)3390000000010758(EBL)1605926(OCoLC)671571355(IMF)WPIEE2009262(MiAaPQ)EBC1605926(IMF)WPIEA2009262WPIEA2009262(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 policyBankingimfBanks and BankingimfBanks and bankingimfBanksimfCentral bank policy rateimfCommunications in revenue administrationimfDeflationimfDepository InstitutionsimfInflation targetingimfInflationimfInterest ratesimfInterest Rates: Determination, Term Structure, and EffectsimfMacroeconomicsimfMicro Finance InstitutionsimfMonetary economicsimfMonetary PolicyimfMonetary policyimfMoney and Monetary PolicyimfMortgagesimfPrice LevelimfPricesimfPublic finance & taxationimfPublic FinanceimfRevenueimfTaxation, Subsidies, and Revenue: GeneralimfNew ZealandimfInflation targeting.Monetary policy.BankingBanks and BankingBanks and bankingBanksCentral bank policy rateCommunications in revenue administrationDeflationDepository InstitutionsInflation targetingInflationInterest ratesInterest Rates: Determination, Term Structure, and EffectsMacroeconomicsMicro Finance InstitutionsMonetary economicsMonetary PolicyMonetary policyMoney and Monetary PolicyMortgagesPrice LevelPricesPublic finance & taxationPublic FinanceRevenueTaxation, Subsidies, and Revenue: General332.152Laxton Douglas1594457Freedman Charles1139411International Monetary Fund.DcWaIMFBOOK9910964440203321Inflation Targeting Pillars - Transparency and Accountability4371328UNINA