Financial data and monetary policy transparency

The Reserve Bank of Australia published a Research Discussion Paper on 23 May titled "What Do Financial Market Data Tell Us About Monetary Policy Transparency?" by Jonathan Coppel, Ellis Connolly. This paper attempts to discern from financial market data the impact of greater monetary policy transparency over the period since the late 1980s.

What Do Financial Market Data Tell Us About Monetary Policy Transparency?

Abstract

We examine whether interest rate variability has changed, the degree to

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