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Causal effects of countercyclical interest rates : evidence from the classical gold standard

Mitchener, Kris; Pina, Gonçalo - 2022

stabilization was more effective for the price level than for output. …

Persistent link: https://www.econbiz.de/10013183777

De Grauwe, Paul; Macchiarelli, Corrado - 2013

that the central bank has an important responsibility for stabilizing output. Output stabilization is an instrument to …

Persistent link: https://www.econbiz.de/10010210693

What kind of EU fiscal capacity? : evidence from a randomized survey experiment in five European countries in times of Corona

Beetsma, Roel; Burgoon, Brian; Nicoli, Francesco; … - 2020

Based on a conjoint survey experiment we explore the support among European citizens for a European Union (EU) budgetary assistance instrument to combat adverse temporary or permanent economic shocks hitting Member States. Suitably designed, there is quite substantial support for such an EU...

Persistent link: https://www.econbiz.de/10012258505

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

Hamella, Sandra; Haan, Jakob de - 2004

This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …

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

An experimental study on the effects of communication, credibility, and clustering in network games

Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - 2019

ineffective. We can rationalize this result with a novel model about the credibility of cheap-talk messages. This credibility is … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …

Persistent link: https://www.econbiz.de/10012024395

On credibility and causality in economics : a critical appraisal

Bergh, Andreas; Wichardt, Philipp C. - 2024 - This version: July 9, 2024

to the credibility revolution) tends to put too much emphasis on internal aspects related solely to the study itself. To …

Persistent link: https://www.econbiz.de/10014632289

Can integrity replace institutions? : theory and evidence

Aharonovitz, Gilad D.; Skuza, Nathan; Fahs, Faysal - 2009

Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of a transactions-based economy with contracts...