known about the consequences of inflation targeting credibility on both monetary policy and monetary policy transmission … channels in developing countries that adopted inflation targeting. Emphasizing the role of transparency and the credibility of …

-prices model. Under full credibility, a reduction in the rate of devaluation results in an immediate and permanent reduction in the …

In an information transmission situation, a sender's concern for its credibility could endow itself with an invisible …, the sender can achieve its favored outcome without losing its credibility, which stays true even when the sender and the … receiver have contradictory preferences. Therefore, the sender's concern for its credibility could result in less truthful …

operational independence in May 1997. It also checks if this credibility measure has increased the predictability of BoE decisions … influence more English interest rate volatility after May 1997. This results suggests that the credibility and/or transparency … by the BoE and the evolution of the transparency and credibility index suggest that the BoE transparency and credibility …

inflation expectations equation which assumes a high degree of credibility of the CBI. This equation, however, lacks empirical …

We quantify the effects of monetary policy transparency and credibility on macroeconomic volatility in an estimated …

that compromise its future actions. The same one affects the credibility of the governmental decisions and generates social …