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trust and central-bank independence. Our empirical findings, based on data from 149 countries, confirm that there is such a … of reform and the ability with which it can be implemented. At low trust levels, the need for central-bank independence …
Persistent link: https://www.econbiz.de/10010320270
Federal Reserve, the Bank of England and the European Central Bank communicate with the public, and under what circumstances …
Persistent link: https://www.econbiz.de/10011604611
-world developments have spawned a huge new scholarly literature on central bank communication —mostly empirical, and almost all of it … and powerful part of the central bank’s toolkit since it has the ability to move financial markets, to enhance the …
Persistent link: https://www.econbiz.de/10011604944
The country's central bank has a profound impact on the lives of all residents in the country. This paper attempted to … years. This period, which covers 5 administrations and 6 central bank governors, is the most turbulent period in the history … account three major trends that are currently sweeping around the world, namely, the separation of bank supervision function …
Persistent link: https://www.econbiz.de/10011429692
Persistent link: https://www.econbiz.de/10014306479
After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise. Price pressures are now increasingly broadening to...
Persistent link: https://www.econbiz.de/10014334696
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In 2022, the European Central Bank (ECB) introduced the Transmission ProtectionInstrument (TPI) to counter the risk of …
Persistent link: https://www.econbiz.de/10014459470
Persistent link: https://www.econbiz.de/10011695739