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Credibility and transparency of Central Banks : new results based on Ifo s world economicy survey
Hamella, Sandra; Haan, Jakob de - 2004
This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …
Persistent link: https://www.econbiz.de/10011399168
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The German public and its trust in the ECB : the role of knowledge and information search ; conference paper
Hayo, Bernd; Neuenkirch, Edith - 2013 - This version: 31 October 2013
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
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Living Up to Expectations : Central Bank Credibility, the Effectiveness of Forward Guidance, and Inflation Dynamics Post-Global Financial Crisis
Cole, Stephen J.; Martínez-García, Enrique; Sims, Eric R. - National Bureau of Economic Research - 2023
This paper studies the effectiveness of forward guidance when central banks have imperfect credibility. Exploiting … expectations. In our model, the key parameter that aggregates heterogeneous expectations captures the central bank's credibility …, and other major advanced economies have similar levels of credibility (albeit far from full credibility); however, Japan …
Persistent link: https://www.econbiz.de/10014421202
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Credibility and transparency of central banks : new results based on IFO's world economic survey
Hamella, Sandra; Haan, Jakob de - 2004
This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …
Persistent link: https://www.econbiz.de/10002175358
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Credibility and transparency of central banks : new results based on Ifo's World Economic Survey
Hamella, Sandra; Haan, Jakob de - In: Ifo survey data in business cycle and monetary policy …, (pp. 203-223). 2004
Persistent link: https://www.econbiz.de/10002391489
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Credibility and Transparency of Central Banks : New Results Based on Ifo's World Economic Survey
de Haan, Jakob; Waller, Sandra - 2021
This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …
Persistent link: https://www.econbiz.de/10013319246
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Look who's talking : ECB communication during the first years of EMU
Jansen, David-Jan; Haan, Jakob de - 2004
This paper studies ECB and Bundesbank communication on monetary policy during the first years of the European Economic and Monetary Union. We study whether statements by different (groups of) central bankers have been contradictory and whether differences have diminished over time. We find that...
Persistent link: https://www.econbiz.de/10011450560
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Central banks in the political arena
Caesar, Rolf - In: Intereconomics : review of European economic policy 18 (1983) 1, pp. 3-10
Persistent link: https://www.econbiz.de/10011551890
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The Bundesbank's communications strategy and policy conflicts with the federal government
Siklos, Pierre L. (contributor); Bohl, Martin T. (contributor) - 2005
In this paper we provide an estimate of the likelihood of conflict between the federal government and the Bundesbank for the 1989 - 1998 period. We rely on a novel proxy for the impact of public communication by Bundesbank officials on the probability of conflict, in addition to interest rate,...
Persistent link: https://www.econbiz.de/10003314371
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Do actions speak louder than words? : Evaluating monetary policy at the Bundesbank
Siklos, Pierre L.; Bohl, Martin T. - In: Journal of macroeconomics 29 (2007) 2, pp. 368-386
Persistent link: https://www.econbiz.de/10003484734