all participants but with ambiguity (partial transparency). We show that, in theory, both communication strategies are … reducing the degree of transparency. We run a laboratory experiment to test whether theoretical predictions hold in a game … either communication strategy. This paper, however, makes a case for partial transparency rather than partial publicity …

This article analyses the effects of economic transparency on the optimal monetary policy in an economy affected by … the economy. Transparency is optimal as long as the central bank does not weight the stabilisation of the output gap too …

commitment mechanism can eliminate corruption when it is pure extortion. Otherwise, when corruption can affect allocation and the … has the potential to fully eliminate corruption. …

increasing the probability of a financial crisis, and therefore provides an additional argument in favor of transparency in the …

The aim of this paper is to evaluate to what extent more transparency can reduce the occurrence of speculative attacks …. It proposes a survey of the literature about the pros and cons of transparency on the exchange rate market, which is one … of the main pillars of the new international financial architecture. The effects of transparency are shown to be …

The aim of this paper is to evaluate to what extent more transparency can reduce the occurrence of speculative attacks …. It proposes a survey of the literature about the pros and cons of transparency on the exchange rate market, which is one … of the main pillars of the new international financial architecture. The effects of transparency are shown to be …

The notion of transparency is widely used as an analytical tool and as a guideline to propose and enforce new … configurations of economic life. Focusing on several transparency-making devices, this paper tries to explore both the pervasiveness … of this notion and its ambivalence in a number of relevant sites. We begin by exploring the deployment of transparency in …

transparency on central bank forecasts. By modelling the private sector's behavior explicitly, we show that transparency reduces … the shocks. Consequently, transparency can be preferred. …