We ask whether recent changes in monetary policy due to the financial crisis will be temporary or permanent. We present evidence from two surveys — one of central bank governors, the other of academic specialists. We find that central banks in crisis countries are more likely to have resorted...

Intro -- Contents -- List of Illustrations -- Foreword by Robert J. Shiller -- Acknowledgments -- Introduction -- Chapter 1. Through the Looking Glass: Central Bank Transparency -- Chapter 2. Ex Uno Plures: Central Banking by Committee -- Chapter 3. Following the Leader: The Central Bank and the...