, global financialcrisis, banking crisis, and taper tantrum episodes. Results show thatan increase in central bank transparency … uncertainty contributes only during the global finan-cial crisis. Interestingly, central bank transparency buffers the effectsof … examine the role ofcentral bank transparency in curbing exchange rate volatility, whichis a crucial issue in these markets …

In this paper, we study how central bank transparency influences the formation of money market expectations in emerging … markets. The sample covers 25 countries for the period from January 1998 to December 2009. We find, first, that transparency …. Second, an intermediate level of transparency is found to have the most favorable influence on money market expectations …

In this paper, we study how central bank transparency influences the formation of money market expectations in emerging … markets. The sample covers 25 countries for the period from January 1998 to December 2009. We find, first, that transparency …. Second, an intermediate level of transparency is found to have the most favorable influence on money market expectations …