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The policy focus on excessive leverage in the euro area has raised interest in developing comprehensive analytical approaches to better understand the interrelationship between leverage and deleveraging processes across economic agents. In particular, the interplay between government debt and...
Persistent link: https://www.econbiz.de/10011664051
provide guidance for improving transparency while maintaining trader confidentiality. In addition, we analyze liquidity in the …
Persistent link: https://www.econbiz.de/10010361830
The current peer review system suffers from two key problems: promotion of an in-crowd whose methods, opinions and innovations it protects; and failure to represent the opinions and interests of non-peer clients. As a result, whole disciplines orient themselves toward navel-gazing research...
Persistent link: https://www.econbiz.de/10011458074
industries sector: The Extractive Industries Transparency Initiative (hereafter the EITI) and the EU Directives. Moreover, the … study briefly discusses the meaning of the good governance concept and the significance of the principles of transparency as …
Persistent link: https://www.econbiz.de/10012416101
to promote greater local benefit capture. Practitioners and academics have noted, however, that transparency alone does …
Persistent link: https://www.econbiz.de/10011614175
respect to transparency. Previous literature has argued that domestic factors such as macroeconomic stability were behind the … trend toward greater transparency. In contrast, our results indicate that transparency primarily increased because of a … from each other's experiences regarding transparency. To our knowledge, our paper is the first econometric analysis of peer …
Persistent link: https://www.econbiz.de/10012256102
details, which leads to mistrust. We argue that lack of transparency may explain high dropout rates in Ghana and other …
Persistent link: https://www.econbiz.de/10012150163
We explore whether the transparency in banks' lending activities enhances the harmonization of credit terms that a bank … information on loan characteristics and performance. We find that loans originated under the transparency regime share more … convergence in their credit terms, suggesting that transparency facilitates learning across a bank's different geographic regions …
Persistent link: https://www.econbiz.de/10012154163
We look at the effect of transparency on the incidence of costly back-scratching in a laboratory setting by … transparency. A plausible story that fits our results is that there may be two countervailing forces at play. First, more rapid … policy makers about the limits of transparency in curtailing "grey" types of corruption. …
Persistent link: https://www.econbiz.de/10011641390
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