public institu-tions, are significantly vulnerable to such reputation risk due to theirmandate for policy decisions and … implementation. Thus, this studyaims to formulate a barometer that quantifies the reputation score ofcentral banks. The Central Bank … Reputation (CBR) score is derivedbased on the respondents’ responses to a questionnaire that includestwelve attributes and twenty …

This paper discusses reputational risk in the context of central banking and explains why it matters to central banks …. It begins with a general discussion of reputational risk within the broader framework of risk management. It then … outlines how central banks define, measure, monitor and manage reputational risk, citing examples from central banks around the …

Trust in policy makers fluctuates significantly over the cycle and a¤ects the transmission mechanism. Despite this it … is absent from the literature. We build a monetary model embedding trust cycles; the latter emerge as an equilibrium … phenomenon of a game-theoretic interaction between atomistic agents and the monetary authority. Trust affects agents …