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, information transmission through changes in the interest rate creates a distortion, thus, lending an amount of credibility. This …
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consequences of transparency about those mechanisms for credibility are evaluated. …
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We examine how the transparency of the European Central Bankś monetary policy affects the amount of trust that the citizens of the European Union have in this institution. We use nearly half a million individual responses from the European Commissionś Eurobarometer survey from 2000-2011 and...
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