Transparência: Bacen versus BoE

Detalhes bibliográficos
Autor(a) principal: Andrade,Eduardo de Carvalho
Data de Publicação: 2005
Tipo de documento: Artigo
Idioma: por
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572005000400003
Resumo: Transparency: Bacen versus BoE. The aim of this paper is to compare the degree of transparency of the Brazilian Central Bank (Bacen) with the one verified in the Bank of England (BoE). In order to accomplish this objective, an indicator of transparency is built based on the information that each central bank provides to the public about its monetary policy, its expectation about the future of the economy, its intervention in the financial market, and if there are clear limits and restrictions to the release of information to the general public. The analysis suggests that the Bacen is less transparent and has a less individualistic Monetary Policy Committee in comparison with the BoE. Moreover, it indicates some procedures that could be adopted by the Bacen in order to make its monetary policy more transparent.
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spelling Transparência: Bacen versus BoECentral Bank TransparencyBrazilian Central BankBank of EnglandTransparency: Bacen versus BoE. The aim of this paper is to compare the degree of transparency of the Brazilian Central Bank (Bacen) with the one verified in the Bank of England (BoE). In order to accomplish this objective, an indicator of transparency is built based on the information that each central bank provides to the public about its monetary policy, its expectation about the future of the economy, its intervention in the financial market, and if there are clear limits and restrictions to the release of information to the general public. The analysis suggests that the Bacen is less transparent and has a less individualistic Monetary Policy Committee in comparison with the BoE. Moreover, it indicates some procedures that could be adopted by the Bacen in order to make its monetary policy more transparent.Centro de Economia Política2005-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572005000400003Brazilian Journal of Political Economy v.25 n.4 2005reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/S0101-31572005000400003info:eu-repo/semantics/openAccessAndrade,Eduardo de Carvalhopor2006-03-21T00:00:00Zoai:scielo:S0101-31572005000400003Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2006-03-21T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv Transparência: Bacen versus BoE
title Transparência: Bacen versus BoE
spellingShingle Transparência: Bacen versus BoE
Andrade,Eduardo de Carvalho
Central Bank Transparency
Brazilian Central Bank
Bank of England
title_short Transparência: Bacen versus BoE
title_full Transparência: Bacen versus BoE
title_fullStr Transparência: Bacen versus BoE
title_full_unstemmed Transparência: Bacen versus BoE
title_sort Transparência: Bacen versus BoE
author Andrade,Eduardo de Carvalho
author_facet Andrade,Eduardo de Carvalho
author_role author
dc.contributor.author.fl_str_mv Andrade,Eduardo de Carvalho
dc.subject.por.fl_str_mv Central Bank Transparency
Brazilian Central Bank
Bank of England
topic Central Bank Transparency
Brazilian Central Bank
Bank of England
description Transparency: Bacen versus BoE. The aim of this paper is to compare the degree of transparency of the Brazilian Central Bank (Bacen) with the one verified in the Bank of England (BoE). In order to accomplish this objective, an indicator of transparency is built based on the information that each central bank provides to the public about its monetary policy, its expectation about the future of the economy, its intervention in the financial market, and if there are clear limits and restrictions to the release of information to the general public. The analysis suggests that the Bacen is less transparent and has a less individualistic Monetary Policy Committee in comparison with the BoE. Moreover, it indicates some procedures that could be adopted by the Bacen in order to make its monetary policy more transparent.
publishDate 2005
dc.date.none.fl_str_mv 2005-12-01
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dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572005000400003
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572005000400003
dc.language.iso.fl_str_mv por
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dc.relation.none.fl_str_mv 10.1590/S0101-31572005000400003
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.25 n.4 2005
reponame:Revista de Economia Política
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collection Revista de Economia Política
repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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