Showing 1 - 10 of 804
Illicit gold flows constitute a major development challenge for governments and a social responsibility challenge for … supply chains that lack transparency and may indicate junctures where illicit activities are taking place, resulting in a …
Persistent link: https://www.econbiz.de/10014477557
Two-part models are important to and used throughout insurance and actuarial science. Since insurance is required for registering a car, obtaining a mortgage, and participating in certain businesses, it is especially important that the models that price insurance policies are fair and...
Persistent link: https://www.econbiz.de/10013200894
: 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 …. Accountability through shifting final responsibility in the direction of the government leads to higher inflationary expectations and …
Persistent link: https://www.econbiz.de/10010295694
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
two signals depends on the transparency of the country. Greater transparency reduces risk premia. The empirical results … markets are unsure about the true extent of creative accounting. Fiscal transparency reduces risk premia. Instrumental …
Persistent link: https://www.econbiz.de/10010295807
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
In this paper we study the impact of more transparency in the interbank market on the volume of bank intermediated … loans and on the profitability of the banking business. Transparency is modeled by means of the informational content of … publicly observable signals correlated to the random interbank interest rate. We find that more transparency may increase or …
Persistent link: https://www.econbiz.de/10010296785
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
greater transparency in the Parliament´s debates compared to the Council´s decisions. On the other hand, a powerful European …
Persistent link: https://www.econbiz.de/10010297643
that the results have implications for debate surrounding the opacity of banks and the transparency requirements that may …
Persistent link: https://www.econbiz.de/10010297878