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Influencing public trust in central banks: Identifying who is open to new information
Hayo, Bernd; Méon, Pierre-Guillaume - 2022
Using a randomized controlled trial in a 2018 survey of a representative sample of the German population, we study 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...
Persistent link: https://www.econbiz.de/10014322585
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Preaching to the Agnostic: Inflation Reporting Can Increase Trust in the Central Bank but Only among People with Weak Priors
Hayo, Bernd; Méon, Pierre-Guillaume - 2023
Using a randomized controlled trial, we study whether showing German respondents a graph plotting the European Central Bank's inflation target alongside inflation in the euro area from 1999 to 2017 affects respondents' trust in the ECB. The treatment has, on average, no significant effect on the...
Persistent link: https://www.econbiz.de/10014377610
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Behind closed doors: Revealing the ECB's decision rule
Hayo, Bernd; Méon, Pierre-Guillaume - 2011
This paper aims at discovering the decision rule the Governing Council of the ECB uses to set interest rates. We construct a Taylor rule for each member of the council and for the euro area as a whole, and aggregate the interest rates they produce using several classes of decision-making...
Persistent link: https://www.econbiz.de/10010286397
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Behind closed doors : revealing the ECB's decision rule
Hayo, Bernd; Méon, Pierre-Guillaume - In: Journal of international money and finance 37 (2013), pp. 135-160
Persistent link: https://www.econbiz.de/10010209137
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Why Countries Matter for Monetary Policy Decision-Making in the ESCB
Méon, Pierre-Guillaume; Hayo, Bernd - Solvay Brussels School of Economics and Management, … - 2012
Persistent link: https://www.econbiz.de/10011011672
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Preaching to the agnostic : inflation reporting can increase trust in the central bank but only among people with weak priors
Hayo, Bernd; Méon, Pierre-Guillaume - In: Journal of international money and finance 142 (2024), pp. 1-11
Persistent link: https://www.econbiz.de/10014549832
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Behind closed doors: Revealing the ECB’s Decision Rule
Hayo, Bernd; Méon, Pierre-Guillaume - Volkswirtschaft Abteilung, Fachbereich … - 2011
This paper aims at discovering the decision rule the Governing Council of the ECB uses to set interest rates. We construct a Taylor rule for each member of the council and for the euro area as a whole, and aggregate the interest rates they produce using several classes of decision-making...
Persistent link: https://www.econbiz.de/10009293542
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Behind closed doors: Revealing the ECB's decision rule
Hayo, Bernd; Méon, Pierre-Guillaume - In: Journal of International Money and Finance 37 (2013) C, pp. 135-160
This paper aims at discovering the decision rule the Governing Council of the ECB uses to set interest rates. We construct a Taylor rule for each member of the council and for the euro area as a whole, and aggregate the interest rates they produce using several classes of decision-making...
Persistent link: https://www.econbiz.de/10010869421
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Influencing public trust in central banks : identifying who is open to new information
Hayo, Bernd; Méon, Pierre-Guillaume - 2022
Using a randomized controlled trial in a 2018 survey of a representative sample of the German population, we study 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...
Persistent link: https://www.econbiz.de/10013460042
Cover Image
Preaching to the agnostic : inflation reporting can increase trust in the Central Bank but only among people with weak priors
Hayo, Bernd; Méon, Pierre-Guillaume - 2023
Using a randomized controlled trial, we study whether showing German respondents a graph plotting the European Central Bank's inflation target alongside inflation in the euro area from 1999 to 2017 affects respondents' trust in the ECB. The treatment has, on average, no significant effect on the...
Persistent link: https://www.econbiz.de/10014338856