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Clarity of Central Bank Communication About Inflation

Clarity of Central Bank Communication About Inflation »

Source: Clarity of Central Bank Communication About Inflation

Volume/Issue: 2012/9

Series: IMF Working Papers

Author(s): Ales Bulir , David-Jan Jansen , and Martin Cihak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463931148

Keywords: communication, clarity, central bank, inflation target,

This paper examines whether the clarity of central bank communication about inflation has changed with the economic environment. We use readability statistics and content analysis to study the clarity of communicat...

2. Évolution de L’Économie Mondiale et des Marchés Financiers

2. Évolution de L’Économie Mondiale et des Marchés Financiers »

Source: Internationaler währungsfondS, Rapport Annuel 2011 : Vers Une Croissance Équitable Et Équilibrée

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2011

Language: French

ISBN: 9781616351137

Keywords: Fy2011, IMF Financing, IMF Accountability, IMF Surveillance, IMF Governance, financial sector, financial stability, debt relief, statistics, balance of payments

Après avoir subi en 2009 sa première contraction de l’après-guerre, l’économie mondiale a connu une forte reprise en 2010, avec une croissanc...

5. Finances, Organisation et Responsabilisation

5. Finances, Organisation et Responsabilisation »

Source: Internationaler währungsfondS, Rapport Annuel 2011 : Vers Une Croissance Équitable Et Équilibrée

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2011

Language: French

ISBN: 9781616351137

Keywords: Fy2011, IMF Financing, IMF Accountability, IMF Surveillance, IMF Governance, financial sector, financial stability, debt relief, statistics, balance of payments

La crise mondiale a mis en évidence la nécessité d’accroître sensiblement les ressources du FMI pour que l’institution soit en mesure de four...

Clarity of Central Bank Communication About Inflation

Clarity of Central Bank Communication About Inflation »

Volume/Issue: 2012/9

Series: IMF Working Papers

Author(s): Ales Bulir , David-Jan Jansen , and Martin Cihak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

DOI: http://dx.doi.org/10.5089/9781463931148.001

ISBN: 9781463931148

Keywords: communication, clarity, central bank, inflation target,

This paper examines whether the clarity of central bank communication about inflation has changed with the economic environment. We use readability statistics and content analysis to study the clarity of communicat...

Inflation Reports and Models
			: How Well Do Central Banks Really Write?

Inflation Reports and Models : How Well Do Central Banks Really Write? »

Volume/Issue: 2014/91

Series: IMF Working Papers

Author(s): Ales Bulir , Jaromír Hurník , and Katerina Smidkova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

DOI: http://dx.doi.org/10.5089/9781498387613.001

ISBN: 9781498387613

Keywords: Kalman filter, monetary policy communication, inflation, central bank, aggregate demand, Forecasting and Simulation, Forecasting and Simulation,

We offer a novel methodology for assessing the quality of inflation reports. In contrast to the existing literature, which mostly evaluates the formal quality of these reports, we evaluate their economic content by...

Inflation Targeting and Communication
			: It Pays Off to Read Inflation Reports

Inflation Targeting and Communication : It Pays Off to Read Inflation Reports »

Volume/Issue: 2008/234

Series: IMF Working Papers

Author(s): Katerina Smídková , Viktor Kotlán , David Navrátil , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

DOI: http://dx.doi.org/10.5089/9781451870923.001

ISBN: 9781451870923

Keywords: inflation, central bank, inflation forecasts

Inflation-targeting central banks have a respectable track record at explaining their policy actions and corresponding inflation outturns. Using a simple forward-looking policy rule and an assessment of inflation r...

Transformation of Markets and Policy Instruments for Open Market Operations

Transformation of Markets and Policy Instruments for Open Market Operations »

Volume/Issue: 1995/146

Series: IMF Working Papers

Author(s): S. Axilrod

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

DOI: http://dx.doi.org/10.5089/9781451856590.001

ISBN: 9781451856590

Keywords: central bank, open market operations, monetary policy, government securities, money market

As developing countries and economies in transition have relied on deregulated, competitive markets to spur growth, their central banks have shifted toward using open market operations as a tool of monetary policy....

Measures of Central Bank Autonomy
			: Empirical Evidence for OECD, Developing, and Emerging Market Economies

Measures of Central Bank Autonomy : Empirical Evidence for OECD, Developing, and Emerging Market Economies »

Volume/Issue: 2006/228

Series: IMF Working Papers

Author(s): Jean-François Segalotto , Marco Arnone , and Bernard Laurens

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2006

DOI: http://dx.doi.org/10.5089/9781451864885.001

ISBN: 9781451864885

Keywords: political autonomy, economic autonomy, central bank, monetary stability, public debt,

This paper presents an update of the Grilli-Masciandaro-Tabellini (GMT) index of central bank (CB) autonomy, based on CB legislation as of end-2003. The index is applied to a set of OECD and developing countries, a...

Inflation Reports and Models

Inflation Reports and Models »

Source: Inflation Reports and Models : How Well Do Central Banks Really Write?

Volume/Issue: 2014/91

Series: IMF Working Papers

Author(s): Ales Bulir , Jaromír Hurník , and Katerina Smidkova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2014

ISBN: 9781498387613

Keywords: Kalman filter, monetary policy communication, inflation, central bank, aggregate demand, Forecasting and Simulation, Forecasting and Simulation,

We offer a novel methodology for assessing the quality of inflation reports. In contrast to the existing literature, which mostly evaluates the formal quality of these reports, we evaluate their economic content by...

Inflation Targeting and Communication

Inflation Targeting and Communication »

Source: Inflation Targeting and Communication : It Pays Off to Read Inflation Reports

Volume/Issue: 2008/234

Series: IMF Working Papers

Author(s): Katerina Smídková , Viktor Kotlán , David Navrátil , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

ISBN: 9781451870923

Keywords: inflation, central bank, inflation forecasts

Inflation-targeting central banks have a respectable track record at explaining their policy actions and corresponding inflation outturns. Using a simple forward-looking policy rule and an assessment of inflation r...