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Why have some monetary reforms succeeded and others not? : An empirical assessment
Freytag, Andreas (contributor) - 2001
Monetary history is characterised by crisis and reform. The paper is dedicated to an explanation of what makes monetary reforms successful. A cross-sectional econometric analysis is chosen to deal with this problem. It is based on a standard macroeconomic model of commitment and credibility. As...
Persistent link: https://www.econbiz.de/10001906719
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Success and failure in monetary reform : monetary commitment and the role of institutions
Freytag, Andreas - 2002
Persistent link: https://www.econbiz.de/10001653682
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Does central bank independence reflect monetary commitment properly? : Methodical considerations
Freytag, Andreas - In: Quarterly review / Banca Nazionale del Lavoro, Roma 54 (2001), pp. 181-208
Persistent link: https://www.econbiz.de/10001596582
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The credibility of monetary reform - new evidence
Freytag, Andreas - In: Public choice 124 (2005) 3/4, pp. 391-409
Persistent link: https://www.econbiz.de/10003175838
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The Credibility of Monetary Policy Announcements – Empirical Evidence for OECD Countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - Rheinisch-Westfälisches Institut für … - 2012
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...
Persistent link: https://www.econbiz.de/10010561276
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The credibility of monetary policy announcements: Empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - In: International Review of Economics & Finance 33 (2014) C, pp. 217-227
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between monetary commitment to rules and price stability is relatively weak. We discuss likely causes for this weak link and argue that monetary commitment is not...
Persistent link: https://www.econbiz.de/10010930983
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Why have some monetary reforms succeeded and others not? An empirical assessment
Freytag, Andreas - 2001
Monetary history is characterised by crisis and reform. The paper is dedicated to an explanation of what makes monetary reforms successful. A cross-sectional econometric analysis is chosen to deal with this problem. It is based on a standard macroeconomic model of commitment and credibility. As...
Persistent link: https://www.econbiz.de/10010270683
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The credibility of monetary policy announcements: Empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - 2012
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...
Persistent link: https://www.econbiz.de/10010327301
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The Credibility of Monetary Policy Announcements – Empirical Evidence for OECD Countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas - 2012
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...
Persistent link: https://www.econbiz.de/10010287372
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Why Have Some Monetary Reforms Succeeded and Others Not? - An Empirical Assessment
Freytag, Andreas - Institut für Wirtschaftspolitik, Wirtschafts- und … - 2001
Monetary history is characterised by crisis and reform. The paper is dedicated to an explanation of what makes monetary reforms successful. A cross--sectional exonometric analysis is schosen to deal wht this problem. It is based on a standard macroeconomic model of commitment and credibility. As...
Persistent link: https://www.econbiz.de/10005702784