Series: IMF Working Papers
Author(s): Mauro Roca
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2010
Keywords: Social Value of Public Information, price level, inflation, monetary authority, Macroeconomics and Monetary Economics: General, Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data)
Is it desirable that central banks be more transparent in the communication of sensible information when agents have diverse private information? In practice, there exists some consensus about the benefits of actin...