Gersbach, Hans; Hahn, Volker - 2008 - This version: April 2008
-bias framework but not in a New Keynesian framework.
Keywords: central banks, transparency, commitment, Federal Reserve, policy … Geraats et al. (2008).
Faust and Leeper (2005) maintain that the most important aspect of central bank transparency is … central-bank transparency are not unanimous, we assume
for the rest of our discussion that transparency is desirable.10 The …