Article ID Journal Published Year Pages File Type
5060127 Economics Letters 2011 4 Pages PDF
Abstract
► The relationship between central bank objectives and transparency is examined. ► The central bank will choose to be either fully transparent or totally non-transparent. ► Optimal delegation requires the central bank be representative or ultraconservative. ► The transparency implications of delegation are central to regime design.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Optimal delegation implications of central bank transparency
Authors
, ,