LEADER 04636oam 22011534 450 001 9910810175503321 005 20200520144314.0 010 $a1-4623-9107-9 010 $a1-4527-2382-6 010 $a1-282-84455-5 010 $a9786612844553 010 $a1-4518-7407-3 035 $a(CKB)3390000000010758 035 $a(EBL)1605926 035 $a(OCoLC)671571355 035 $a(IMF)WPIEE2009262 035 $a(MiAaPQ)EBC1605926 035 $a(IMF)WPIEA2009262 035 $a(EXLCZ)993390000000010758 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aInflation Targeting Pillars - Transparency and Accountability /$fDouglas Laxton, Charles Freedman 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a1 online resource (39 p.) 225 1 $aIMF Working Papers 300 $aDescription based upon print version of record. 320 $aIncludes bibliographical references. 327 $aCover 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; Footnotes 330 3 $aThis is the fourth chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation- Targeting Regimes: Saying What You Do and Doing What You Say." It examines a number of issues related to transparency and accountability in an inflation-targeting regime. It first looks at the factors behind the move to increased transparency in recent years and the important role of a communications strategy in transparency. It then turns to the role of the forecast in communications, how risks surrounding the forecast are communicated, and whether there should be limits on what is made public. It concludes with a short discussion of accountability. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/262 606 $aInflation targeting 606 $aMonetary policy 606 $aBanking$2imf 606 $aBanks and Banking$2imf 606 $aBanks and banking$2imf 606 $aBanks$2imf 606 $aCentral bank policy rate$2imf 606 $aCommunications in revenue administration$2imf 606 $aDeflation$2imf 606 $aDepository Institutions$2imf 606 $aInflation targeting$2imf 606 $aInflation$2imf 606 $aInterest rates$2imf 606 $aInterest Rates: Determination, Term Structure, and Effects$2imf 606 $aMacroeconomics$2imf 606 $aMicro Finance Institutions$2imf 606 $aMonetary economics$2imf 606 $aMonetary Policy$2imf 606 $aMonetary policy$2imf 606 $aMoney and Monetary Policy$2imf 606 $aMortgages$2imf 606 $aPrice Level$2imf 606 $aPrices$2imf 606 $aPublic finance & taxation$2imf 606 $aPublic Finance$2imf 606 $aRevenue$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 607 $aNew Zealand$2imf 615 0$aInflation targeting. 615 0$aMonetary policy. 615 7$aBanking 615 7$aBanks and Banking 615 7$aBanks and banking 615 7$aBanks 615 7$aCentral bank policy rate 615 7$aCommunications in revenue administration 615 7$aDeflation 615 7$aDepository Institutions 615 7$aInflation targeting 615 7$aInflation 615 7$aInterest rates 615 7$aInterest Rates: Determination, Term Structure, and Effects 615 7$aMacroeconomics 615 7$aMicro Finance Institutions 615 7$aMonetary economics 615 7$aMonetary Policy 615 7$aMonetary policy 615 7$aMoney and Monetary Policy 615 7$aMortgages 615 7$aPrice Level 615 7$aPrices 615 7$aPublic finance & taxation 615 7$aPublic Finance 615 7$aRevenue 615 7$aTaxation, Subsidies, and Revenue: General 676 $a332.152 700 $aLaxton$b Douglas$01594457 701 $aFreedman$b Charles$01139411 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910810175503321 996 $aInflation targeting pillars$94203902 997 $aUNINA