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Credibility gains from communicating with the public : evidence from the ECB's new monetary policy strategy
Ehrmann, Michael; Georgarakos, Dimitris; Kenny, Geoff - 2023
elements of the strategy can enhance the perceived credibility that price stability will be maintained in the medium … strongest positive impact on credibility, boosting credibility also among the less financially literate and generating more … persistent credibility gains, even after inflation increased. …
Persistent link: https://www.econbiz.de/10013553462
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The impact of providing information about the ECB's instruments on inflation expectations and trust in the ECB: experimental evidence
Brouwer, Nils; Haan, Jakob de - 2021
Persistent link: https://www.econbiz.de/10012547686
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The impact of providing information about the ECB's instruments on inflation expectations and trust in the ECB : experimental evidence
Brouwer, Nils; Haan, Jakob de - In: Journal of macroeconomics 73 (2022), pp. 1-15
Persistent link: https://www.econbiz.de/10013443871
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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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Does clarity of central bank communication affect credibility? : evidences considering governor-specific effects
Montes, G. C.; Nicolay, R. T. F. - In: Applied economics 49 (2017) 31/33, pp. 3163-3180
Persistent link: https://www.econbiz.de/10011774517
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Transparency and trust : the case of the European Central Bank
Horváth, Roman; Katuscakova, Dominika - 2015
We examine how the transparency of the European Central Bankś monetary policy affects the amount of trust that the citizens of the European Union have in this institution. We use nearly half a million individual responses from the European Commissionś Eurobarometer survey from 2000-2011 and...
Persistent link: https://www.econbiz.de/10011375697
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ECB: Credibility at risk?
Weber, Christoph S. - In: Applied economics quarterly 60 (2014) 2, pp. 123-143
Persistent link: https://www.econbiz.de/10010509216
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Transparency and trust : the case of the European Central Bank
Horváth, Roman; Katuscakova, Dominika - In: Applied economics 48 (2016) 55/57, pp. 5625-5638
Persistent link: https://www.econbiz.de/10011742084
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Credibility Gains from Communicating with the Public : Evidence from the ECB's New Monetary Policy Strategy
Ehrmann, Michael; Georgarakos, Dimitris; Kenny, Geoff - 2023
elements of the strategy can enhance the perceived credibility that price stability will be maintained in the medium … strongest positive impact on credibility, boosting credibility also among the less financially literate and generating more … persistent credibility gains, even after inflation increased …
Persistent link: https://www.econbiz.de/10014254531
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Euro Area Market Reactions to the Monetary Developments Press Release
Coffinet, Jerome - 2010
Using intra-day data, we assess the impact of the press release on euro area monetary data on the different segments of the euro area yield curve. For this purpose, we estimate a relation between the "news" or "surprise" in the released data for annual M3 growth and the move in the interest...
Persistent link: https://www.econbiz.de/10013137334