In this paper, we analyze how lack of credibility and transparency of monetary and fiscal policies undermines the … credible and lack transparency. If policies are imperfectly credible, then transparency helps private agents to learn the …-country evidence that monetary policy transparency and fiscal credibility reduce the incidence of export price volatility on output …

How does transparency, a key feature of central bank design, affect the deliberation of monetary policymakers? We … (particularly Latent Dirichlet Allocation) to measure the effect of increased transparency on debate. Commentators have hypothesized … the career concerns literature uncovers evidence for both effects. However, the net effect of increased transparency …

To evaluate whether transparency is beneficial, it is usual to assume that the central bank may choose one of two … inflation announcements. Therefore, even if transparency is preferred over secrecy the central bank cannot credibly commit to … truth-telling, in contrast to what is commonly assumed in the literature on transparency. …

. This paper shows that such economic transparency could give central banks greater flexibility to respond to macroeconomic …

. Nowadays, we can observe an increasing trend upon central bank transparency, for evaluating more accurate the central bank … the construction of the most important indices regarding central bank independence, transparency and accountability in a … the necessity for constructing an aggregate index for measuring central bank independence, transparency and accountability …