simple interest rate rule is employed to interpret ECB policy since 1999. An evaluation of alternative policy rules across 11 … growth as the one used to interpret ECB policy is quite robust as long as it responds to current outcomes of these variables. …

For some time now the buzzword 'transparency' has been bandied about in the media almost daily. For example, calls were … made for greater transparency in the financial system in connection with developments in the Asian financial markets. But … the call for greater transparency goes far beyond the financial markets. It is now regarded as a necessary part of good …

inflation targeting, including the adopting central banks themselves, have expressed the view that the efforts at transparency … flexibility and credibility; similarly, New Zealand's improved inflation performance was achieved without a discernable increase …

in the ECB's encompassing approach, helps prevent these potentially harmful side effects and thus allows for fostering …

externality: if speculators refrain from trading, hedgers do the same, depressing the asset price. Market transparency reinforces … disclosure of fundamentals and trading transparency. Issuers may either under- or over-provide information compared to the …

' unease when disseminating news to the markets and argues against the recent trend of demanding full transparency both for …

provide guidance for improving transparency while maintaining trader confidentiality. In addition, we analyze liquidity in the …

I investigate the effect of transparency on the borrowing costs of Emerging Markets Economies. Transparency is measured …

transparency relating to effective risk transfer, risk-related management compensation, and credible measurement of rating …