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important mainstream macroeconomic explanation of differences in inflation rates between countries, here coined the ?orthodox … independent central banks as causes for low inflation might be considered quite strong, it is argued in this paper that the … sensitivity indicator for the inflation awareness in these countries is obtained. It can be shown that these sensitivity …
Persistent link: https://www.econbiz.de/10014066163
This paper proposes that central bank independence alone is insufficient to explain low inflation. It argues instead … that central bank independence may be interconnected with public attitudes towards inflation via a historical feedback … process that has led to an anti-inflation culture and public consensus on monetary stability in countries with low inflation …
Persistent link: https://www.econbiz.de/10014070872
attitude towards a specific monetary policy institution, the Policy Target Agreement (PTA). The PTA contains the inflation …
Persistent link: https://www.econbiz.de/10011956669
attitude towards a specific monetary policy institution, the Policy Target Agreement (PTA). The PTA contains the inflation …
Persistent link: https://www.econbiz.de/10012030966
attitude towards a specific monetary policy institution, the Policy Target Agreement (PTA). The PTA contains the inflation …
Persistent link: https://www.econbiz.de/10012894595
attitude towards a specific monetary policy institution, the Policy Target Agreement (PTA). The PTA contains the inflation …
Persistent link: https://www.econbiz.de/10011918368
attitude towards a specific monetary policy institution, the Policy Target Agreement (PTA). The PTA contains the inflation …
Persistent link: https://www.econbiz.de/10011906352
This documentation paper provides background information and basic descriptive statistics for a representative survey of the French, German, and Italian populations, focusing on attitudes towards and the demand for a digital euro conducted on our behalf by Dynata in November and December 2023....
Persistent link: https://www.econbiz.de/10015402958
This documentation paper provides background information and basic descriptive statistics for a representative survey of the French, German, and Italian populations, focusing on attitudes towards and the demand for a digital euro conducted on our behalf by Dynata in November and December 2023....
Persistent link: https://www.econbiz.de/10015407606
We explain changes in the Canadian target rate using macroeconomic variables and Bank of Canada (BOC) communication indicators. Econometrically, we employ an ordered probit model of a Taylor rule to predict 60 target rate decisions between 1998 and 2006. We find that BOC communication is...
Persistent link: https://www.econbiz.de/10010271162