The aim of this paper is to evaluate to what extent more transparency can reduce the occurrence of speculative attacks …. It proposes a survey of the literature about the pros and cons of transparency on the exchange rate market, which is one … of the main pillars of the new international financial architecture. The effects of transparency are shown to be …

This is a survey of the literature on liquidity provision through banks. I first formulate the basic model underlying … the modern literature on liquidity provision for households and then introduce the more recent literature on liquidity … provision through banks and markets. Then I turn to liquidity provision on the asset side of banks' balance sheets and conclude …