Central bank reputation, cheap talk and transparency as substitutes for commitment : experimental evidence
Year of publication: |
2021
|
---|---|
Authors: | Duffy, John ; Heinemann, Frank |
Published in: |
Journal of monetary economics. - Amsterdam : Elsevier, ISSN 0304-3932, ZDB-ID 191155-7. - Vol. 117.2021, p. 887-903
|
Subject: | Monetary policy | Central banking | Cheap talk | Commitment | Discretion | Experimental Economics | Repeated games | Time inconsistency | Transparency | Geldpolitik | Zeitkonsistenz | Time consistency | Zentralbank | Central bank | Spieltheorie | Game theory | Experiment | Glaubwürdigkeit | Credibility | Asymmetrische Information | Asymmetric information | Politische Kommunikation | Political communication |
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