The paper examines the economic role of market transparency on the decision problems of an international firm …. Transparency is described in terms of the informativeness of a publicly observable signal. With higher transparency, the signal … transparency, ex ante expected production, domestic sales, and exports of the firm. Furthermore, we discuss the welfare …

In this paper we study the impact of more transparency in the interbank market on the volume of bank intermediated … loans and on the profitability of the banking business. Transparency is modeled by means of the informational content of … publicly observable signals correlated to the random interbank interest rate. We find that more transparency may increase or …

exchange rate risk and hedging. Information is described in terms of market transparency, i.e., a publicly observable signal … conveys more information about the random foreign exchange rate. We analyze the interaction between market transparency and … the ex ante expected utility of the exporting firm. It is shown that more transparency on the foreign exchange market may …

We study the impact of transparency in a commodity market on the decision problem of a competitive firm under price … uncertainty and hedging opportunities. Market transparency is modeled by means of the informational content of publicly observable … signals which are correlated with the random price. We find that the impact of more transparency on labor employment and …

In this paper we study the impact of more transparency in the foreign exchange market on the ex ante expected volume of … international trade. Transparency is measured by the informational content of publicly observed signals correlated to the random … exchange rate. We find that more transparency may increase or decrease the volume of international trade. In particular, the …

In this paper we study the impact of more transparency in the interbank market on the volume of bank intermediated … loans and on the profitability of the banking business. Transparency is modeled by means of the informational content of … publicly observable signals correlated to the random interbank interest rate. We find that more transparency may increase or …

We study the impact of transparency in a commodity market on the decision problem of a competitive firm under price … uncertainty and hedging opportunities. Market transparency is modeled by means of the informational content of publicly observable … signals which are correlated with the random price. We find that the impact of more transparency on labor employment and …

exchange rate risk and hedging. Information is described in terms of market transparency, i.e., a publicly observable signal … conveys more information about the random foreign exchange rate. We analyze the interaction between market transparency and … the ex ante expected utility of the exporting firm. It is shown that more transparency on the foreign exchange market may …

In this paper we study the impact of more transparency in the foreign exchange market on the ex ante expected volume of … international trade. Transparency is measured by the informational content of publicly observed signals correlated to the random … exchange rate. We find that more transparency may increase or decrease the volume of international trade. In particular, the …