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We examine public trust in the European Central Bank (ECB) and its determinants using data from the Bundesbank … ECB's performance in maintaining stable prices and making decisions grounded in rules, science, and data, matters for … their trust in the ECB, tend to express higher trust in the ECB. Conversely, those who place greater importance on values …
Persistent link: https://www.econbiz.de/10014635679
explore whether central bank cheap talk, policy transparency, both cheap talk and policy transparency or economic transparency … flexibility and credibility. …
Persistent link: https://www.econbiz.de/10011572114
indexes of transparency reveal a strong rise in the transparency and accountability of monetary policy between 1994 and 2004 …. Inflation and interest rate expectations data and forward interest rate data are used to demonstrate the increased credibility …
Persistent link: https://www.econbiz.de/10009441502
In the first half of 2000 the authors of this paper visited the twelve District Reserve Banks in the United States which was followed by a discussion at the Board in Washington. The aim of this visit was to get a deeper insight into the working of the American Federal Reserve System in order to...
Persistent link: https://www.econbiz.de/10011689894
Persistent link: https://www.econbiz.de/10003970081
consequences of transparency about those mechanisms for credibility are evaluated. …
Persistent link: https://www.econbiz.de/10011419304
caused by uncertainty about the economic disturbances to which the central bank responds. Only perfect transparency about …
Persistent link: https://www.econbiz.de/10011419400
We examine how the transparency of the European Central Bankś monetary policy affects the amount of trust that the … Commissionś Eurobarometer survey from 2000-2011 and estimate probit regressions with sample selection. We find that transparency … exerts a non-linear effect on trust. Transparency increases trust, but only up to a certain point; too much transparency …
Persistent link: https://www.econbiz.de/10011375697
Persistent link: https://www.econbiz.de/10009693640
caused by uncertainty about the economic disturbances to which the central bank responds. Only perfect transparency about …
Persistent link: https://www.econbiz.de/10001612960