safeguarding financial stability, with the world economy still in the process of digesting the legacy of the crisis. The crisis has … changed central banking in many ways: by shifting the focus of monetary policy from fighting too high inflation towards … fighting too low inflation; by prompting new ‘experimental’ non-conventional measures, which risk to cause large, long …

political and regime instability, the occurrence of elections, and high inflation increase the probability of a turnover …

. One major aim of this outreach is to guide inflation expectations; another is to ensure accountability and create trust … on the extent to which this new outreach does in fact affect inflation expectations and trust. On balance, we see some …

to the share of the term in office elapsed, political and regime instability, the occurrence of elections, and inflation … independence. This is confirmed in models for cross-section inflation in which TOR becomes insignificant once its endogeneity is … taken into account. -- central bank governors ; central bank independence ; inflation …

We analyse whether central bank independence (CBI) affects inflation in developing countries. For this purpose we have … after high inflation countries are added to the sample. …

's ability to form realistic inflation expectations. …

whether differences have diminished over time. We find that statements on the interest rate, inflation and economic growth …