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Greater transparency in central bank operations is the most dramatic change in the conduct of monetary policy in recent … determinants and effects of central bank transparency in an integrated empirical framework. Transparency is greater in countries …
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This paper pursues the comparison of economic integration today and pre 1914 for trade as well as finance, primarily for the United States but also with reference to the wider world. We establish the outlines of international integration a century ago and analyze the institutional and...
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