“...While the central bank observes market activity to assess economic fundamentals, it shapes the market outcome through the conduct of monetary policy. A dilemma...”

“...Financial markets and macroeconomic environments are often characterised by positive externalities. In these environments, transparency may reduce expected...”

“...In games with strategic complementarities, public information about the state of the world has a larger impact on equilibrium actions than private information...”

“...In an economy affected by shocks that are imperfectly known, the monetary instrument takes on a dual stabilizing role: as a policy response that directly...”

“...We conduct laboratory experiments with human subjects to test the rationale of adopting a band versus point inflation targeting regime. Within the standard New...”

“...Forthcoming...”

“...We propose a speculative attack model in which agents receive multiple public signals. Diverse pieces of public information can be taken into account...”

“...Financial markets are known for overreacting to public information. Central banks can reduce this overreaction either by disclosing information to only a...”

“...Establishing the external validity of experimental inflation forecasts is essential if laboratory experiments are to be used as decision-making tools for...”

“...In an experimental monetary general equilibrium economy, we assess two processes of monetary injection: credit expansion vs. lump-sum monetary transfers. In...”