02057cas a2200313 a 4500 AALejournalIMF022072 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484374832 1018-5941 BD-DhAAL BD-DhAAL Al-Mashat, Rania. An Index for Transparency for Inflation-Targeting Central Banks : Application to the Czech National Bank / Rania Al-Mashat, Ales Bulir, N. Nergiz Dincer, Tibor Hledik. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (71 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper develops a new central bank transparency index for inflation-targeting central banks (CBT-IT index). It applies the CBT-IT index to the Czech National Bank (CNB), one of the most transparent inflation-targeting central banks. The CNB has invested heavily in developing a Forecasting and Policy Analysis System (FPAS) to implement a full-fledged inflation-forecast-targeting (IFT) regime. The components of CBT-IT index include measures of transparency about monetary policy objectives, the FPAS designed to support IFT, and the monetary policymaking process. For the CNB, all three components have shown substantial improvements over time but a few gaps remain. The CNB is currently working on eliminating some of these gaps. Mode of access: Internet Deflation imf Inflation imf Price Level imf Bulir, Ales. Dincer, N. Nergiz. Hledik, Tibor. IMF Working Papers; Working Paper ; No. 2018/210 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/210/001.2018.issue-210-en.xml IMF e-Library