haku: @indexterm currency markets / yhteensä: 142
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| Tekijä: | Lindner, A. |
| Otsikko: | Does transparency of central banks produce multiple equilibria on currency markets? |
| Lehti: | Scandinavian Journal of Economics
2006 : VOL. 108:1, p. 1-14 |
| Asiasana: | currency markets central banks economics |
| Kieli: | eng |
| Tiivistelmä: | In this paper it is maintained that a key aspect of transparency of the central bank will improve private information and will not necessarily improve decision-relevant common knowledge. Findings show that a transparent information policy can eliminate multiple equilibria on a currency market. |
SCIMA