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In this article, the issue of the monetary independence problem in view of the Romania's European Monetary Union … between Romania and the Eurozone cannot be rejected, despite the rapid disinflation at the beginning of the sample. …
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In this paper we discuss some of the monetary policy issues that have involved major central banks worldwide since the 2008 financial crisis, and which remain open. We provide an excursus of the unconventional monetary policies adopted by central banks in the last decade, focusing on the...
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In a large sample of countries across different geographic regions and over a long period of time, we find limited country- and variable-specific effects of central bank transparency on forecast accuracy and their dispersion among a large set of professional forecasts of financial and...
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