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This paper reports the results of a survey among private sector economists about credibility and transparency of … central banks. In line with the survey of Alan Blinder among central bankers, we asked participants in Ifo s World Economic … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …
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In some recent studies, the question of the origins of central banking has been revisited, suggesting that beyond Swedish and British central banking, a number of earlier European continental institutions would also have played an important role. However, it has often been difficult to access...
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The empirical literature on central banking has found measures of central bank independence/conservatism to be negatively correlated with inflation and inflation variance across countries. But the cross-country approach has been criticised for its focus on policy outcomes instead of policies,...
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