Hayo, Bernd; Neuenkirch, Matthias - 2014 - This version: 9 January 2014
central banks' (i) credibility, (ii) unorthodox measures, and (iii) independence. We utilise a survey of more than 500 … that the Fed communicates best, followed by the BoE, ECB, and BoJ. Similar rankings are found on the issues of credibility … credibility, increases satisfaction with unorthodox measures, and fosters perceived independence of central banks. …