It is argued in literature that transparency may be detrimental to welfare. Morris and Shin (2002) suggest reducing the …

It is argued in literature that transparency may be detrimental to welfare. Morris and Shin (2002) suggest reducing the …

environments, transparency may reduce expected welfare from an ex-ante point of view: public announcements serve as a focal point …

respect to transparency. Previous literature has argued that domestic factors such as macroeconomic stability were behind the … trend toward greater transparency. In contrast, our results indicate that transparency primarily increased because of a … from each other's experiences regarding transparency. To our knowledge, our paper is the first econometric analysis of peer …

explore whether central bank cheap talk, policy transparency, both cheap talk and policy transparency or economic transparency …

Transparency has become a catchword and in the economic-political debate is often seen as a universal remedy for all … sorts of problems. In this paper, we analyze and discuss the meaning and use of the concept of transparency in economic … research. We look for common denominators across different areas where the concept is used, and find that transparency in …

This paper studies monetary policy committee transparency (MPCT) based on a new index that measures central bankers … variables and institutional transparency, as well as instrumenting MPCT in various ways. …

explore whether central bank cheap talk, policy transparency, both cheap talk and policy transparency or economic transparency …

This paper develops a theory that generates an equilibrium relationship between product complexity, transparency, and … trust in firms. Complexity, transparency, and the evolution of trust are all endogenous, and equilibrium transparency is non … and transparency through disclosure, with more trusted firms choosing greater complexity and lower transparency. The most …