๐”– Bobbio Scriptorium
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Productivity growth, transparency, and monetary policy

โœ Scribed by Muto, Ichiro


Book ID
119294373
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
383 KB
Volume
37
Category
Article
ISSN
0165-1889

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## 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