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 …

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 …

stability, bank independence, transparency or credibility may differ from country to country, despite their level of development …

’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 …

of the ECB. The empirical analysis of the ECB ́s monetary policy points out the systematic change in its behavior, which … means that the ECB has been more focused on the financial stability of the European banking sector instead of the standard … aim regarding the price stability. The results of the paper show how the monetary policy of the ECB is more and more …

was handed over to the European Central Bank. A voluntary rejection of monetary national independence and transition to … previous national currencies. The aim of this work is to present the activity analysis of the ECB and assess changes in the … by the ECB is discussed. The paper also questions whether the ECB activity is far too independent and if so, whether the …

Central bank transparency has become the topic of a lively public and academic debate on monetary policy. Unfortunately …, it has been complicated by the fact that transparency is a qualitative concept that is hard to measure. This Paper … proposes a comprehensive index for central bank transparency that comprises the political, economic, procedural, policy and …

characteristics. In the past years, due to the fact that all the three authorities have made directional changes towards independence … and transparency, and because the economies of these areas are mainly convergent, a diminution of the differences between …