In this paper we provide empirical measures of central bank credibility and augment these with historical narratives …

first examine the impact of economic policy uncertainty on aggregate bank credit growth. Then we analyze commercial bank … macroeconomic controls, economic policy uncertainty affected bank level credit growth, and (ii) whether there is variation in the … varies with bank level financial constraints, loan supply. We find that policy uncertainty has a significant negative effect …

up to the strategies followed by the leading central banks of the era; the Bank of England in the eighteenth and …

cooperation and of monetary unions, above all in the U.S., Germany and Italy. The purpose of national monetary unions was to …

An analogy has been made between the collapse of the Bretton Woods system in 1971 and the recent Eurozone crisis. The … liabilities) and Germany (a surplus country) with large claims is seen as similar to the rising and persistent balance of payments …However Bretton Woods is very different from the Eurozone in many dimensions. An even better analogy than BWS is a …

history of five federal states; Argentina, Brazil, Canada, Germany and the United States …