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Appraising sticky prices, sticky information and limited higher order beliefs in light of experimental data

Cornand, Camille - In: Monetary policy, financial crises, and the macroeconomy …, (pp. 297-306). 2017

Persistent link: https://www.econbiz.de/10011898235

Can Opacity of a Credible Central Bank Explain Excessive Inflation?

Baeriswyl, Romain; Cornand, Camille - 2007

Excessive inflation is usually attributed to the lack of central bank’s credibility. In this context, most of the literature considers transparency a means to establish central bank’s credibility. The contribution of this paper is twofold. First, it shows that, even in the absence of...

Persistent link: https://www.econbiz.de/10010427482

Publicité limitée de l'information et sur-réaction aux annonces lors des épisodes spéculatifs

Cornand, Camille; Heinemann, Frank - In: Revue économique : revue bimestrielle 57 (2006) 3, pp. 399-405

Persistent link: https://www.econbiz.de/10003327491

Can opacity of a credible central bank explain excessive inflation?

Baeriswyl, Romain; Cornand, Camille - 2007 - First version: January 2006 - This version: December 2006

Excessive inflation is usually attributed to the lack of central bank's credibility. In this context, most of the literature considers transparency a means to establish central bank's credibility. The contribution of this paper is twofold. First, it shows that, even in the absence of...