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Disclosure Deregulation of Quarterly Reporting
Behrmann, Vanessa; Hornuf, Lars; Zimmermann, Jochen - 2022
In this article we investigate the deregulation efforts resulting from the 2015 transposition of the EU’s Transparency …
Persistent link: https://www.econbiz.de/10013323972
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Qualitative Information Disclosure : Is Mandating Additional Tax Information Disclosure Always Useful?
Bilicka, Katarzyna Anna; Casi-Eberhard, Elisa; Seregni, … - 2021
qualitative tax transparency leads to intended outcomes using, as an exogenous shock, the 2016 UK reform that mandated the …
Persistent link: https://www.econbiz.de/10013231964
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Forward Guidance Contracts
Gersbach, Hans; Hahn, Volker; Liu, Yulin - 2015
We examine “Forward Guidance Contracts”, which make central bankers’ utility contingent on the precision of interest-rate forecasts for some time. Such Forward Guidance Contracts are a exible commitment device and can improve economic performance when the economy is stuck in a liquidity...
Persistent link: https://www.econbiz.de/10010531853
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Optimal degree of public information dissemination
Cornand, Camille; Heinemann, Frank - 2004
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/10010261100
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Who do you blame in local finance? An analysis of municipal financing in Italy
Bordignon, Massimo; Piazza, Santino - 2010
A 1999 reform allowed Italian Mayors to partially substitute a more accountable source of tax revenue (the property tax) with a less transparent one (a surcharge on the personal income tax). Theoretical analysis suggests this should give incompetent Mayors a less costly way to hide themselves,...
Persistent link: https://www.econbiz.de/10010270475
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Transparency of monetary policy : theory and practice
Geraats, Petra Maria - 2005
Transparency has become one of the main features of monetary policymaking during the last decade. This paper … establishes some stylized facts. In addition, it provides a systematic overview of the practice of monetary policy transparency … framework, including inflation targeting. Nevertheless, the paper finds significant differences in transparency across monetary …
Persistent link: https://www.econbiz.de/10010274033
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Trends in monetary policy transparency
Geraats, Petra Maria - 2009
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/10010274045
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Paid to Quit
Dur, Robert; Schmittdiel, Heiner - 2015
Inspired by a recent observation about an online retail company, this paper explains why a firm may find it optimal to offer an exit bonus to recent hires so as to induce self-selection. We study a double adverse selection problem, in which the principal can neither observe agents’ commitment...
Persistent link: https://www.econbiz.de/10011431184
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Transparency in Parliamentary Voting
Benesch, Christine; Bütler, Monika; Hofer, Katharina E. - 2015
We use a change in the voting procedures of one of the two chambers of the Swiss parliament to explore how transparency …
Persistent link: https://www.econbiz.de/10011431222
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The Rise of NGO Activism
Daubanes, Julien; Rochet, Jean-Charles - 2016
status of NGO activism and the appropriate degree of transparency. …
Persistent link: https://www.econbiz.de/10011480474