Trasparenza economica e povertà

Authors

  • Helder Ferreira de Mendonça
  • José Simao Filho

DOI:

https://doi.org/10.13133/2037-3651/10394

Keywords:

trasparenza economica, povertà

Abstract

Nowadays, with the diffusion of inflation targeting, the main instrument that central banks use to achieve final objectives in the implementation of monetary policy (concerning inflation and unemployment) is the interest rate. Furthermore, recent studies point out that central bank transparency contributes to reducing asymmetric information and price stability. As inflation, unemployment and interest rates are determinants of the level of poverty, the central bank's behaviour is relevant to its reduction. Accordingly, the present paper highlights the connection between economic transparency and poverty. The theoretical and empirical results denote that central bank transparency is a useful strategy in reducing income inequality and poverty.

 

 

JEL Codes: I32, E52

 

References

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Issue

Section

Articoli