Type-I error, but a higher Type-II error, than signaling via accounting conservatism. Our results further indicate that …TThere has been debate over the economic consequences of accounting conservatism in debt contracting. We contribute to … this debate by arguing that the prospect of signaling project return may give rise to the demand for conservative …

accounting rule given failure of a number DMBs and the adoption of the International Financial Reporting Standards (IFRSs … accounting regime and risk of insolvency, do not use LLPs to signal their financial strength. However, where the evidence of …

of this signaling effect, assuming that the central bank aims to encourage central bank borrowing to avoid inefficiencies … major results are as follows: (1) Considering the signaling effect, the central bank should set its lending rate lower than …

signaling channel of monetary policy. I consider a framework where the central bank has private information about future … economic conditions. Agents update their beliefs according to Bayes' theorem. Policy actions play a signaling role, and may …

optimal information policy is composed of the full disclosure of the bank's acquired information, eliminating the signaling …

policy signal and ambiguity-averse preferences give rise to the ambiguous signaling channel of monetary policy. The model …