Transparency and Rule-Based Monetary Policy

Author(s):  
Victor A. Canto ◽  
Andy Wiese
Keyword(s):  

Public Choice ◽  
1985 ◽  
Vol 46 (2) ◽  
pp. 125-140 ◽  
Author(s):  
Henry W. Chappell ◽  
William R. Keech




2014 ◽  
pp. 80-100 ◽  
Author(s):  
A. Apokin ◽  
D. Belousov ◽  
I. Goloshchapova ◽  
I. Ipatova ◽  
O. Solntsev

We outline three main shortcomings of current monetary policy in Russia for 2014. First, monetary policy is too strict: we estimate output gap over -3% potential GDP, and rule-based key rate is 6,25%. Second, Bank of Russia in 2014 clearly ignores its second goal of promoting stable and developing financial system. Third, today economic agents lack for clear expectations of monetary policy rules, and it is Bank of Russia’s duty to help forming these expectations - both through public commitments and independent monetary policy review.



World Economy ◽  
2010 ◽  
Vol 33 (5) ◽  
pp. 778-797 ◽  
Author(s):  
Ansgar Belke ◽  
Yuhua Cui


2007 ◽  
Vol 07 (6) ◽  
pp. 1
Author(s):  
Selim Elekdag ◽  
Nabil Ben Ltaifa ◽  
Todd Schneider ◽  
Saade Chami ◽  
◽  
...  


2006 ◽  
Vol 24 (1) ◽  
pp. 106-115 ◽  
Author(s):  
RALF M. FENDEL ◽  
MICHAEL R. FRENKEL


2008 ◽  
Vol 46 (1) ◽  
pp. 75-99
Author(s):  
Saade CHAMI ◽  
Selim ELEKDAG ◽  
Todd SCHNEIDER ◽  
Nabil BEN LTAIFA




2014 ◽  
Vol 23 (3) ◽  
pp. 290-314 ◽  
Author(s):  
Jaromír Kukal ◽  
Tran Van Quang


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