It takes the average reader and 30 minutes to read The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia by Mr.Calixte Ahokpossi
Assuming a reading speed of 250 words per minute. Learn more
Since the adoption of the inflation targeting framework by Bank Indonesia (BI), monetary policy communication has played an increasingly important role in BI’s policy toolkit. This paper assesses BI’s monetary policy communication from three perspectives: i) its transparency and clarity, ii) its ability to align market expectation and BI’s policy decisions (predictability), and iii) its impact on financial markets. In particular, we assess the impact of BI’s monetary policy practices by focusing on its monetary policy press releases and monetary policy reports. The results show that Bank Indonesia has made significant progress in the transparency of its communication as well as in the institutional framework to support this. Nonetheless, the results also suggest ways in which the impact of communication can be further improved, including by strengthening the clarity of policy messages, its consistency with the policy framework and the depth of the money market.
The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia by Mr.Calixte Ahokpossi is 29 pages long, and a total of 7,511 words.
This makes it 10% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia aloud.
The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia is suitable for students ages 8 and up.
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