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- W2153770112 abstract "As a particular form of transparency, nowadays some central banks publish their interest rate forecasts while many others refuse to do that. Whether the publication is good or bad for economic performance and social welfares is now a hotly debatable subject. This paper provides a review of the literature in both theoretical and empirical aspects. We also establish a criteria table which could be used as a preliminary guideline for central banks in answering the question whether they should reveal the forecasts, and how to publish the policy rate inclinations. The suggested conclusion is that interest rate projections should be considered as one of the last items that central banks should reveal and they should be very careful in publishing its policy rate forecasts." @default.
- W2153770112 created "2016-06-24" @default.
- W2153770112 creator A5081093596 @default.
- W2153770112 date "2011-01-01" @default.
- W2153770112 modified "2023-09-23" @default.
- W2153770112 title "A Review of the Literature: Should Central Banks Publish Interest Rate Forecasts?" @default.
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- W2153770112 doi "https://doi.org/10.2139/ssrn.1913990" @default.
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