However the perception of ecb transparency by the media and market participants is different this study will examine the role of minutes voting records as a possible cause of the differences in the perception of transparency between the academics and the media market participants. Ecb does poorly especially considering the size of the economic area under its control in conclusion the non release of minutes and voting records in the case of the ecb does play a role in the perceived lack of transparency by the media and financial market participants in addition the release of minutes voting records by the ecb . Transparency footprints of central banks the role of minutes voting records article in journal of socio economics 412 april 2012 with 6 reads doi 101016 jsocec201112009. The ecbs monetary policy accountability transparency and communication speech delivered by ms sirkka hamalainen member of the executive board of the european central bank old age new economy and central banking conference organised by cepr esi and suomen pankki 14 september 2001 helsinki. Improving ecbs accountability and transparency note abstract it could go further by publishing minutes and voting records of the governing council meetings and by better communication with whether the minutes of the meetings in which monetary policy is decided
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