LIBROS DEL AUTOR: carl e walsh

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  • Optimal Economic Transparency
    Carl E. Walsh / International Journal of Central Banking
    In this paper, I explore the optimal extent to which the central bank should disseminate information among private agents. Individual firms are assumed to have diverse private information, and the central bank provides public information either implicitly, by setting its policy instrument, or explicitly, by making announcements about its short-run targets. The optimal degree of...
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