We show that a monetary policy in which the central bank commits to a randomized inflation target allows for potentially faster-expectations convergence than with a fixed target. The randomized target achieves faster convergence in particular in transition environments: those demonstrating...

This essay is about trust in the online world. It is not a manual on how to achieve trust, nor an empirical study of trust's presence or absence online. Rather, it is an attempt to show that the way we stipulate the conditions of the online world may be decisive for whether or not trust is...

Employing data from a representative population survey conducted in New Zealand in 2016, this paper examines factors that influence, or are at least associated with, public trust in the Reserve Bank of New Zealand (RBNZ). The large number of specifically designed questions allows studying the...