Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10011337190
This article investigates the relationship between central bank credibility and the volatility of the key monetary policy instrument. Two main contributions are proposed. First, we propose a time-varying measure of central bank credibility based on the gap between inflation expectations and the...
Persistent link: https://www.econbiz.de/10013003866
Persistent link: https://www.econbiz.de/10011944458
This article investigates the relationship between central bank credibility and the volatility of the key monetary policy instrument. Two main contributions are brought forward. First, we propose a time-varying measure of central bank credibility based on the gap between inflation expectations...
Persistent link: https://www.econbiz.de/10013028613