Dai, Meixing; Sidiropoulos, Moïse - In: Research in Economics 62 (2008) 4, pp. 179-187
In a setting with a risk-adverse union, we study the effects of central bank's political transparency on wage level and inflation volatility according to its degree of conservativeness. We obtain some results that contrast with these obtained in the same kind of model or in a Rogoff type model...