of the state's extractive technology. We posit further that this extractive technology is determined by the transparency … transparency of the new farming technology. We then apply our theory to explain key institutional features that distinguished …

motivating decisions, simplifying external evaluation and thereby improving transparency and accountability. I also consider …

According to most academics and policymakers, transparency in monetary policymaking is desirable. I examine this … proposition in a small theoretical model emphasizing forward-looking private sector behaviour. Transparency makes it easier for …, transparency may be disadvantageous. It may actually be a policy-distorting straitjacket if the central bank enjoys low …

This Paper studies the incentives for transparency under different forms of corporate governance in a context of … decision on the degree of transparency in a context of product market competition. When firms seeking outside finance resort to … transparency. More transparency about a firm's competitive position has both strategic advantages and disadvantages: in general …

the goals of the Eurosystem, the role of exchange rate management in the EMU, and the accountability and transparency of … transparency. Inflation targeting and monetary targeting, in practice, imply similar policy decisions, but monetary targeting … crucial role in ensuring the accountability of the Eurosystem; the minimum transparency needed for effective outside …

This paper studies product market competition under a strategic transparency decision. Dominant investors can influence … information collection in the financial market, and thereby corporate transparency, by affecting market liquidity or the cost of … information collection. More transparency on a firm's competitive position has both strategic advantages and disadvantages: in …

We propose a theory by which geographic variations in the transparency of the production process explain cross … geography and these institutions, we posit, is via the effect of transparency on the state's extractive capacity. We apply our …

In choosing transparency, firms must trade off the benefits from better access to finance against the cost of a greater … model’s predictions: First, investment and access to finance are positively correlated with accounting transparency …, especially in firms that depend more on external finance, and are negatively correlated with tax pressure. Second, transparency …