Monetary policy transparency, inflation
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Georgios Chortareas; David Stasavage; Gabriel Sterne
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Article
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2002
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John Wiley and Sons
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English
โ 160 KB
## Abstract We examine how inflation and the costs associated with disinflation episodes are related to monetary policy transparency. We develop a simple model that demonstrates how transparency may result in lower inflation. Our empirical results show that in general, transparency may be associate