Showing 1 - 10 of 367
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/10005083135
transparency relating to effective risk transfer, risk-related management compensation, and credible measurement of rating …
Persistent link: https://www.econbiz.de/10010986376
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/10010986420
Persistent link: https://www.econbiz.de/10010988456
This paper examines whether the clarity of central bank communication about inflation varies with the economic environment. Using readability statistics and content analysis, we study the clarity of communication on the inflation outlook by seven central banks across three continents during the...
Persistent link: https://www.econbiz.de/10010988457
The paper studies the relationship between two institutional innovations in monetary policy of the past few decades: central bank independence (CBI) and explicit inflation targeting (EIT). The aim is to make inferences about the optimal institutional design of monetary policy, and the right...
Persistent link: https://www.econbiz.de/10010988806
The issue of communicated accountability is particularly important in Faith-Based Charity Organisations as the donated funds and use of those funds are often meant to fulfil religious obligations for the well-being of society. Integrating Stewart’s (<CitationRef CitationID="CR70">1984</CitationRef>) ladder of accountability with the...</citationref>
Persistent link: https://www.econbiz.de/10010989828
Persistent link: https://www.econbiz.de/10010990056
Software transparency is a new and important concern that software developers must deal with. As society moves towards … increased automation, if citizens wish to exercise their right to know, the transparency of public services and processes …. Achieving software transparency to this level of openness faces several roadblocks. The paper reports on initial findings on …
Persistent link: https://www.econbiz.de/10010848906
Relation of Transparency and Economic growth is a long global debate in the society. Theoretically, policy makers … relationship between economy and Transparency as well as to invent a global model. This paper is useful for researchers, planners …, this paper briefly describes theoretical relationship of economy and Transparency as well as it also describes the proxy …
Persistent link: https://www.econbiz.de/10010857617