How Transparent are Central Banks

The Optimal Degree of Commitment to an Intermediate Monetary Target

1985 • 3,677 citations

Social Value of Public Information

2002 • 1,905 citations

A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information

1986 • 1,314 citations

Optimal contracts for central bankers

1995 • 1,191 citations

Inflation targeting: lessons from the international experience

1999 • 1,147 citations

Central Bank Transparency

2002 • 650 citations

Optimal Commitment in Monetary Policy: Credibility versus Flexibility

1992 • 617 citations

Alice in Euroland

1999 • 385 citations

The Eurosystem: Transparent andAccountable or ‘Willem in Euroland’

1999 • 325 citations

Monetary mystique: Secrecy and central banking

1986 • 298 citations

Inflation targeting: Should it be modeled as an instrument rule or a targeting rule?

2002 • 268 citations

Central Bank Talk: Does It Matter and Why?

2003 • 263 citations

Monetary Policy Frameworks in a Global Context

2012 • 238 citations

How Do Central Banks Talk

2001 • 199 citations

Which Kind of Transparency? On the Need for Clarity in Monetary Policy-Making

2000 • 189 citations

The Democratic Accountability of the European Central Bank: A Comment on Two Fairy‐tales

2000 • 147 citations

The advantage to hiding one's hand: Speculation and central bank intervention in the foreign exchange market

1997 • 147 citations

The Equilibrium Degree of Transparency and Control in Monetary Policy

1999 • 127 citations

Does It Pay to be Transparent? International Evidence Form Central Bank Forecasts

2002 • 125 citations

Are Contemporary Central Banks Transparent About Economic Models and Objectives and What Difference Does It Make?

2002 • 120 citations

Why Adopt Transparency? The Publication of Central Bank Forecasts

2001 • 119 citations

The Impact of Changes in FOMC Disclosure Practices on the Transparency of Monetary Policy: Are Markets and the FOMC Better "Synched"?

2003 • 88 citations

Optimal Inflation Contracts and Inflation Targets with Uncertain Central Bank Preferences: Accountability Through Independence?

1998 • 87 citations

Accountability, Credibility, Transparency and Stabilization Policy in the Eurosystem

2001 • 87 citations

Inflation Targets and Contracts with Uncertain Central Banker Preferences

1998 • 79 citations

Should the individual voting records of central bankers be published?

2007 • 71 citations

Why Money Talks and Wealth Whispers: Monetary Uncertainty and Mystique: A Reply

2003 • 53 citations

Secrecy of Monetary Policy and the Variability of Interest Rates

1987 • 43 citations

Monetary Policy Uncertainty and Central Bank Accountability

1996 • 42 citations

Monetary policy, secrecy, and federal funds rate behavior

1987 • 41 citations

Accountability of central banks: aspects and quantification

1999 • 39 citations

Central bank secrecy, ‘fed watching’, and the predictability of interest rates

1988 • 31 citations

CENTRAL BANK SECRECY, INTEREST RATES, AND MONETARY CONTROL

1993 • 23 citations

The value of publishing official central bank forecasts

1999 • 19 citations