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Dimensions of Monetary Policy Transparency and the Indicators

Dimensions of Monetary Policy Transparency and the Indicators

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Dimensions of Monetary Policy Transparency and the Indicators
Transparency Indicators, Maximum Scores and Point Scales
Index of Central Bank Transparency, June 2013
International Journal of Economics, Commerce and Management Licensed under Creative Common AN EMPIRICAL ANALYSIS OF THE TRANSPARENCY OF MONETARY POLICY IN THE WEST AFRICAN MONETARY ZONE
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  • Nov 2014
The paper examined the disclosure of explicit information by central banks using the transparency index method advocated by Ejiffinger and Geraats (2006) and Malik and Din (2008) as well as used by Egbuna (2013). A weighted transparency index of five key performance indicators (political, economic, procedural, policy and operational) was measure fo...
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Context 1
... each dimension of transparency, three distinct indicators are identified. Table 1 shows the five dimensions of transparency, the focus and the associated indicators. The key implications of the conceptual analysis is that an index of central bank transparency ...

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