Showing 1 - 10 of 97
According to most academics and policymakers, transparency in monetary policymaking is desirable. I examine this … proposition in a small theoretical model emphasizing forwardlooking private sector behavior. Transparency makes it easier for …, transparency may be disadvantageous. It may actually be a policy-distorting straitjacket if the central bank enjoys low …
Persistent link: https://www.econbiz.de/10010295702
the self-regulatory regime. Yet, concerns of this trend were that transparency cannot be ensured properly to safeguard the … transparency and effectiveness, as well as the relationship of these two dimensions. By taking an Exploratory Sequential Design … an instrument to measure the aspects of transparency and effectiveness. Then, the three big social media platforms …
Persistent link: https://www.econbiz.de/10013205151
Für die Digitalisierung von Verwaltungen und Bauabteilungen wurden zahlreiche gesetzliche Reglungen und Beschlüsse gefasst. Die Erwartungen an die Potenziale der Digitalisierung in Bezug auf finanzielle wie personelle Einsparungen, Effizienzsteigerung und Beschleunigung von Planungs- und...
Persistent link: https://www.econbiz.de/10012586006
Die Forderung nach höherer Transparenz und besserer Wirkungsorientierung von Subventionen ist ein finanzpolitischer …The call for greater transparency and more performance orientation of subsidies is an evergreen of German economic … strength of the German regime. Most of the following modules to improve of the transparency and performance of subsidies are …
Persistent link: https://www.econbiz.de/10012290133
Our research examines individual differences in the effects of medical malpractice tort reforms on pre-trial settlement speed and settlement amounts by age and most likely settlement size. Findings of note include that, unlike previously assumed, both absolute and percentage losses from tort...
Persistent link: https://www.econbiz.de/10010286266
: transparency of actual monetary policy and the question of who bears final responsibility for monetary policy. The paper shows that … accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks … der Notenbanken vor. Dabei werden zwei Aspekte der Rechenschaftspflicht in Betracht gezogen: die Transparenz der aktuellen …
Persistent link: https://www.econbiz.de/10010295694
members. It investigates the optimal transparency, and the optimal way of transmitting information of committees, by analysing … asymmetric information between the committee and market agents. Transparency about the diversity of views of the committee …
Persistent link: https://www.econbiz.de/10010295874
We study the impact of transparency in a commodity market on the decision problem of a competitive firm under price … uncertainty and hedging opportunities. Market transparency is modeled by means of the informational content of publicly observable … signals which are correlated with the random price. We find that the impact of more transparency on labor employment and …
Persistent link: https://www.econbiz.de/10010296824
trading consistent with a positive liquidity externality, but the reduced order book transparency associated with iceberg …
Persistent link: https://www.econbiz.de/10010302555
We report evidence that the presence of hidden liquidity is associated with greater liquidity in the order books, greater trading volume, and smaller price impact. Limit and market order submission behavior changes when hidden liquidity is present consistent with at least some traders being able...
Persistent link: https://www.econbiz.de/10010303675