This paper examines some recent techniques designed to draw inferences about the credibility of changes in macroeconomic policy regimes. An alternative two-step approach, based on the decomposition between permanent and transitory components of a "credibility variable" is proposed. The methodology is then used to test for the existence of a credibility effect in the Cruzado stabilization plan implemented in Brazil in 1986.
The purpose of this paper is to show that the monetary policy credibility and transparency represent...
This paper analyses the impact of policy misalignments and structural reform policies on credibility...
The purpose of this paper is to update the conclusion of the paper of Levieuge et al. (2018) on the ...
The thesis comprises six separate chapters and a concluding chapter.Chapter 1 gives an introduction ...
The measurement of credibility and reputation is fundamental for the analysis of countries which ado...
This paper discusses the credibility of two disinflationary reforms adopted in Brazil, the Cruzado a...
Analysis of credibility became an active research topic once Kydland and Prescott (1977) put a new f...
The incipient rise in future inflation expectations combined with the Brazilian government pursue of...
This is a broad survey of the work on credibility of macroeconomic policy since the early 80's. I cr...
This paper proposes a Bayesian extension of Svensson's (1991, IMF Staff Papers 38: 655-665) test of...
This paper studies the relationship between the hazard rate of the exit of a president of a central ...
Abstract. This paper studies the credibility of the Venezuela crawling-band exchange rate regime dur...
AbstractThis article measures and analyzes how the monetary policy's credibility is dynamically rela...
The Goulart Administrations (1961-1964), which consisted of a parliamentary period and a presidentia...
The theoretical framework developed in Baxter (1985) is adapted to test the credibility of French ec...
The purpose of this paper is to show that the monetary policy credibility and transparency represent...
This paper analyses the impact of policy misalignments and structural reform policies on credibility...
The purpose of this paper is to update the conclusion of the paper of Levieuge et al. (2018) on the ...
The thesis comprises six separate chapters and a concluding chapter.Chapter 1 gives an introduction ...
The measurement of credibility and reputation is fundamental for the analysis of countries which ado...
This paper discusses the credibility of two disinflationary reforms adopted in Brazil, the Cruzado a...
Analysis of credibility became an active research topic once Kydland and Prescott (1977) put a new f...
The incipient rise in future inflation expectations combined with the Brazilian government pursue of...
This is a broad survey of the work on credibility of macroeconomic policy since the early 80's. I cr...
This paper proposes a Bayesian extension of Svensson's (1991, IMF Staff Papers 38: 655-665) test of...
This paper studies the relationship between the hazard rate of the exit of a president of a central ...
Abstract. This paper studies the credibility of the Venezuela crawling-band exchange rate regime dur...
AbstractThis article measures and analyzes how the monetary policy's credibility is dynamically rela...
The Goulart Administrations (1961-1964), which consisted of a parliamentary period and a presidentia...
The theoretical framework developed in Baxter (1985) is adapted to test the credibility of French ec...
The purpose of this paper is to show that the monetary policy credibility and transparency represent...
This paper analyses the impact of policy misalignments and structural reform policies on credibility...
The purpose of this paper is to update the conclusion of the paper of Levieuge et al. (2018) on the ...