Central Bank Transparency: Where, Why, and with What Effects?
---- Acknowledgements -----
State Planning Organization, Ankara, and University of California, Berkeley, respectively. An earlier version was presented to the conference on central banking hosted by the Cournot Center, Paris, 30 November-1 December 2006. We thank Petra Geraats, Pierre Siklos and conference participants for helpful comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.