A number of recent theoretical models show that greater transparency on the part of central banks may not be beneficial under certain conditions. I am going to look at how various assumptions about information quality, the acquisition and dissemination of information within the private sector affect the optimal degree of transparency as well as optimal monetary policy design.
Start date:October 2012
Research Topic:Central bank transparency
Research Supervisor:Prof. Phillip Lawler and Dr. Jonathan G. James
Supervising school:School of Management, Swansea University
Primary funding source:ESRC Studentship