to limit political power and provide judicial defense of basic rights - reinforces the credibility of pro …

We use three different indicators based on inflation expectations to measure central bank credibility in 9 countries in … Central and Eastern Europe. We quantify credibility using differences between official inflation targets and inflation …. Determinants of central bank credibility are investigated using pooled OLS. According to our results, stable and low inflation and …

the de facto the exchange rate regimes and derive a market based measure of the credibility of these exchange rate regimes …. We empirically determine the de facto exchange rate regimes of EU accession countries and test their credibility as … assessed by the market participants. In the run-up to EU accession most CEEC have reached high credibility in their exchange …

countries (CEECs) can potentially enhance the credibility of their governments' policies through institutional integration with … the EU. The paper discusses the credibility problems faced by the CEECs and shows how EU membership will enhance the … institutional setting and the governments' credibility. Based on regression results between an indicator of institutional change and …

possible ways of enhancing credibility. …