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Simple credibility tests of the ERM bands for the pound sterling and the Italian lira

Belessakos, Elias D. - In: Open economies review 7 (1996) 3, pp. 219-236

Persistent link: https://www.econbiz.de/10001204459

Why have some monetary reforms succeeded and others not? : An empirical assessment

Freytag, Andreas (contributor) - 2001

macroeconomic model of commitment and credibility. As the dependent variable, we calculate a post-reform inflation rate. The … crucial for the success of a monetary reform. -- Monetary Reforms ; Credibility ; Commitment ; Institutions …

Persistent link: https://www.econbiz.de/10001906719

Exchange-rate regimes, inflation and credibility : evidence from Greece

Alogoskouphēs, Giōrgos; Philippopulos, Apostolēs; … - In: Economic integration : limits and prospects, (pp. 91-102). 2002

Persistent link: https://www.econbiz.de/10001884538

Policy duration effect under zero interest rates : an application of wavelet analysis

Okina, Kunio; Shiratsuka, Shigenori - 2004

A major feature of recent monetary policy in Japan has been heavy reliance on the so-called policy duration effect. This policy employs a commitment to compensate for the central bank’s inability to lower the interest rate below zero by altering the anticipated course of monetary policy...