We define and study transparency, credibility, and reputation in a model where the central bank's characteristics are … the sense that it induces lower inflation and employment than expected. Increased transparency makes the bank's reputation …

We define and study transparency, credibility, and reputation in a model where the central bank's characteristics are … the sense that it induces lower inflation and employment than expected. Increased transparency makes the bank's reputation …

We define and study transparency, credibility, and reputation in a model where the central bank's characteristics are … the sense that it induces lower inflation and employment than expected. Increased transparency makes the bank's reputation …

We define and study transparency, credibility, and reputation in a model where the central bank's characteristics are … the sense that it induces lower inflation and employment than expected. Increased transparency makes the bank's reputation …