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Bank's inflation target alongside inflation in the euro area from 1999 to 2017 affects respondents' trust in the ECB. The …
Persistent link: https://www.econbiz.de/10014338856
In this paper, we analyse the effects of objective and subjective knowledge about monetary policy, as well as the information search patterns, of German citizens on trust in the ECB. We rely on a unique representative public opinion survey of German households conducted in 2011. We find that...
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whether providing information about the European Central Bank's (ECB) inflation record in comparison to its inflation target … affects people's trust in the central bank. In the treatment, administered to half of the roughly 2000 respondents, a graph of …
Persistent link: https://www.econbiz.de/10013460042
In this paper, we analyse the effects of objective and subjective knowledge about monetary policy, as well as the information search patterns, of German citizens on trust in the ECB. We rely on a unique representative public opinion survey of German households conducted in 2011. We find that...
Persistent link: https://www.econbiz.de/10010482584
Since the financial crisis, central banks have stressed the role of trust and communication in connection with their objectives and strategies for aligning the public's inflation expectations with their own and, consequently, improving the effectiveness of monetary policy. Assessing how much the...
Persistent link: https://www.econbiz.de/10011897980
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