Central banks and information provided to the private sector

Giovanni Di Bartolomeo () and Enrico Marchetti

BNL Quarterly Review, 2004, vol. 57, issue 230, 265-295

Abstract: This paper examines the information provided to the private sector by centralbanks. By using the principal component analysis, we investigated the variance of the procedural rules followed by nine major central banks about informationtreatments. We investigate problems related to the information coming from thecentral banks by focusing on the quantity and quality perspectives and highlight the methodological complexity of the investigation. We find that a synthetic quantitative index of transparency is not enough to represent the phenomenon since it can result misleading in understanding the behavior of institutionally different central banksassociated with the same index values.

Keywords: Information (search for similar items in EconPapers)
JEL-codes: D82 E52 E58 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (10)

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Related works:
Working Paper: Central banks and information provided to the private sector (2005)
Journal Article: Central banks and information provided to the private sector (2004)
Working Paper: Central Banks and Information Provided to the Private Sector (2003)
Working Paper: Central banks and information provided to the private sector (2002)
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