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This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …
Persistent link: https://www.econbiz.de/10011399168
’s mandate and its policy conduct, but less on ECB independence … of politicians largely drives attitudes towards the ECB’s institutional mandate. Interestingly, the findings from two … us to expect. The information set to which politicians are exposed significantly shapes their views on both the ECB …
Persistent link: https://www.econbiz.de/10014353838
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. …
Persistent link: https://www.econbiz.de/10010356195
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. …
Persistent link: https://www.econbiz.de/10010226327
Persistent link: https://www.econbiz.de/10003630592
circumstances and contingencies. In this broader sense, longer-term predictability is also closely related to the credibility of the …, including the ECB. The paper also reviews several possible empirical proxies for the less-explored concept of longer …
Persistent link: https://www.econbiz.de/10011641200
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