Showing 1 - 10 of 257
This study evaluates potential reforms of the EU and some liberalization policies under the Doha agenda proposal …
Persistent link: https://www.econbiz.de/10005806360
In this paper we analyse the impact of policy uncertainty on foreign direct investment strategies. The paper follows …
Persistent link: https://www.econbiz.de/10005801356
and economic liberalization affect governments’ respect for human rights using a panel of 106 countries over the 1981 …
Persistent link: https://www.econbiz.de/10008727302
of worker. Our analysis reveals that the effects of a liberalization on human capital ac-cumulation, income and … inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … decreases and the liberalization path has stochastic dominance over the Baseline-As-Usual. These results are very robust to our …
Persistent link: https://www.econbiz.de/10010736743
. This paper shows that such economic transparency could give central banks greater flexibility to respond to macroeconomic …
Persistent link: https://www.econbiz.de/10010877697
Central bank independence and transparency have become best practice in monetary policy. This paper cautions that … transparency about economic information may not be beneficial in the absence of central bank independence. The reason is that it …
Persistent link: https://www.econbiz.de/10005765657
In currency exchange markets, there is a conflict between individual decisions and the socially optimal solution. Whereas agents have a coordination motive to take the same position, at the social level effective market coordination per se is not socially valuable, and the central bank aims at...
Persistent link: https://www.econbiz.de/10005765918
This paper reports the results of a survey among private sector economists about credibility and transparency of …
Persistent link: https://www.econbiz.de/10005094291
Transparency has become a prominent feature of monetary policy. This paper provides an overview of central bank … communication practices and is the first to systematically analyze transparency trends throughout the world and across monetary … inflation and economic development have undergone larger increases in transparency. Moreover, it shows that greater transparency …
Persistent link: https://www.econbiz.de/10005051564
This paper investigates the effects on tacit collusion of increased market transparency on the consumer side of a … market in a differentiated Hotelling duopoly. Increasing market transparency increases the benefits to a firm from … sustain. In the limiting homogeneous market, the effect vanishes. Here market transparency does not affect the possibilities …
Persistent link: https://www.econbiz.de/10005051568