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We analyze price transparency in a dynamic market with private information and correlated values. Uninformed buyers …
Persistent link: https://www.econbiz.de/10011165636
What are the welfare effects of enhanced dissemination of public information through the media and disclosures by market participants with high public visibility? For instance, is it always desirable to have frequent and timely publications of economic statistics by government agencies and the...
Persistent link: https://www.econbiz.de/10005593366
One role of monetary policy is to coordinate expectations in the economy and greater transparency of monetary policy …
Persistent link: https://www.econbiz.de/10005464053