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precision of public information or withholding it. The latter seems to be unrealistic. Thus, the issue is not whether central … bank should disclose or not its information, but how the central bank should disclose it. We consider a static coordination … game in which the private sector receives n semi-public information plus their specific information, and we analyse the …
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conclude that it might be better to reduce the precision of public signals or entirely withhold information. This paper shows … that public information should always be provided with maximum precision, but under certain conditions not to all agents …
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's use of mass communication media to obtain information about the ECB. We employ a unique representative public opinion …
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In this paper we examine a model where firms decide on the intensity of information acquisition about shocks. We … analyze how the monetary policy framework impacts on the aggregate amount of information collected by firms. We show that it …
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