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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
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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
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Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
size and voting power. One way to implement this principle is a rotation scheme for national central bank governors that …
Persistent link: https://www.econbiz.de/10011511101
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Look who's talking : ECB communication during the first years of EMU
Jansen, David-Jan; Haan, Jakob de - 2004
This paper studies ECB and Bundesbank communication on monetary policy during the first years of the European Economic and Monetary Union. We study whether statements by different (groups of) central bankers have been contradictory and whether differences have diminished over time. We find that...
Persistent link: https://www.econbiz.de/10011450560