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Credibility and transparency of Central Banks : new results based on Ifo s world economicy survey

Hamella, Sandra; Haan, Jakob de - 2004

history of honesty and a high level of central bank independence. According to our respondents, the Federal Reserve is the … most credible, transparent and independent central bank out of seven large central banks. The ECB is not perceived as …

Persistent link: https://www.econbiz.de/10011399168

Optimal central bank design : benchmarks for the ECB

Berger, Helge (contributor) - 2006

The paper discusses key elements of optimal central bank design and applies its findings to the Eurosystem. A …

Persistent link: https://www.econbiz.de/10003301388

What measure of inflation should a central bank target?

Mankiw, Nicholas Gregory; Reis, Ricardo - 2002

Persistent link: https://www.econbiz.de/10001720604

A sticky-information general-equilibrium model for policy analysis

Reis, Ricardo - 2009

Persistent link: https://www.econbiz.de/10003815330

Too many cooks? Committees in monetary policy

Berger, Helge; Nitsch, Volker - 2008

How many people should decide about monetary policy? In this paper, we take an empirical perspective on this issue, analyzing the relationship between the number of monetary policy decision-makers and monetary policy outcomes. Using a new data set that characterizes Monetary Policy Committees...

Persistent link: https://www.econbiz.de/10010277737

Does central bank communication really lead to better forecasts of policy decisions? New evidence based on a Taylor rule model for the ECB

Sturm, Jan-Egbert; Haan, Jakob de - 2009

central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the …

Persistent link: https://www.econbiz.de/10010285832

Too many cooks? : committees in monetary policy

Berger, Helge (contributor); Nitsch, Volker (contributor) - 2008

. -- central bank design ; monetary policy committee ; central bank board ; central bank council ; governance ; inflation …

Persistent link: https://www.econbiz.de/10003767748

Does central bank communication really lead to better forecasts of policy decisions? : new evidence based on a Taylor rule model for the ECB

Sturm, Jan-Egbert; Haan, Jakob de - 2009

central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … included in our Taylor rule model, the ECB communication indicators remain significant. -- ECB ; central bank ; communication …

Persistent link: https://www.econbiz.de/10003872830

Central bank communication and monetary policy : a survey of theory and evidence

Blinder, Alan S.; Ehrmann, Michael; Fratzscher, Marcel; … - 2008

Persistent link: https://www.econbiz.de/10003693353

When is a central bank governor fired? : evidence based on a new data set

Dreher, Axel (contributor); Haan, Jakob de (contributor); … - 2006

This paper uses a new data set on the term in office of central bank governors in 137 countries covering the period … 1970-2004 to estimate a model for the chance that a central bank governor is replaced. We formulate a number of hypotheses … based on the literature on the determinants of central bank independence that are tested using conditional logit models and …

Persistent link: https://www.econbiz.de/10003387337