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, France, Japan, the Netherlands, Norway, Spain, Sweden and the United Kingdom. Together, these agreements provide a total of …
Persistent link: https://www.econbiz.de/10014408897
Persistent link: https://www.econbiz.de/10014317993
history of honesty and a high level of central bank independence. According to our respondents, the Federal Reserve is the … most credible, transparent and independent central bank out of seven large central banks. The ECB is not perceived as …
Persistent link: https://www.econbiz.de/10011399168
accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … Japan, Bank of England und Federal Reserve System). Im zweiten Teil stellen wir eine Theorie über die Rechenschaftspflicht … System). In the second part, we present a theory of central bank accountability. Two aspects of accountability are considered …
Persistent link: https://www.econbiz.de/10011418852
Persistent link: https://www.econbiz.de/10010344564
There is now considerable disquiet about the appropriate monetary strategy that central banks should follow in the aftermath of the global financial crisis. Several influential commentators have called for the abandonment of inflation targeting. Empirical research examining three major economies...
Persistent link: https://www.econbiz.de/10012056964
transmission of monetary policies of the United States, the euro area, Japan, and the United Kingdom. Two other studies use …, especially for U.S. policies, and bank-specific heterogeneity influences the magnitudes of transmission. The effects are … supportive of the international bank lending channel and the portfolio channel of monetary policy transmission. They also show …
Persistent link: https://www.econbiz.de/10011824865
transmission of monetary policies of the U.S., euro area, Japan, and United Kingdom. Two other studies use international data with ….S. policies, and bank-specific heterogeneity influences the magnitudes of transmission. The effects are supportive of the … international bank lending channel and the portfolio channel of monetary policy transmission. They also show that the frictions that …
Persistent link: https://www.econbiz.de/10011877813
transmission of monetary policies of the U.S., euro area, Japan, and United Kingdom. Two other studies use international data with ….S. policies, and bank-specific heterogeneity influences the magnitudes of transmission. The effects are supportive of the … international bank lending channel and the portfolio channel of monetary policy transmission. They also show that the frictions that …
Persistent link: https://www.econbiz.de/10011864739
This paper explores the relationship between central bank communication and market sentiment,and proposes a new measure …. Market sentiment is proxied using a Twitter-based metric: theCentral Bank Surprise Index. The empirical study covers three … cases: the Federal Reserve, theEuropean Central Bank and the Bank of England …
Persistent link: https://www.econbiz.de/10012210744