Multiple policymakers and the social value of public information

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Borradores de Economía; No. 670

Date published

2011-09-18

Date

2011-09-18

Authors

Prada-Sarmiento, Juan David

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ISBN

Document language

spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

In most economies, macroeconomic policy is conducted by two or more independent authorities. In general, each policymaker has a different piece of information about the state of the economy, and this information is different from the one held by the priva

Description

JEL Codes

E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination

Temática

Keywords

Keywords

Macroeconomic policy , Asymmetric information , Policy coordination

Citation

URI

https://repositorio.banrep.gov.co/handle/20.500.12134/5687
 https://hdl.handle.net/20.500.12134/5687
 https://ideas.repec.org/p/bdr/borrec/670.html
 https://doi.org/10.32468/be.670

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Borradores de Economía

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Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial 4.0.

Este documento ha sido depositado por parte de el(los) autor(es) bajo la siguiente constancia de depósito