The credibility of a central bank is probably one of the most important factors determining whether the pursuit of an anti-inflation policy is associated with significant output and employment losses. When a central bank lacks credibility, the public will not believe that the central bank will do what it says it is going to do. As a result, inflation expectations in th
The measurement of credibility and reputation is fundamental for the analysis of countries which ado...
Recent monetary history has been characterized by monetary authorities which have been, alternativel...
AbstractBased on market expectations reported by the Central Bank of Brazil for the SELIC interest r...
Credibility is elusive and no generally agreed upon measure of it exists. Despite that, Blinder (200...
We identify credible monetary policy with first, a disconnect between inflation and inflation expect...
Ministry of Education, Singapore under its Academic Research Funding Tier 1; SKB
Most emerging market central banks have adopted inflation targeting as their monetary policy system....
We investigate the credibility of inflation targeting (IT) central banks (CBs) by estimating perceiv...
Since there are significant biases in the individuals' inflationary expectations, the role of moneta...
Inflation targeting anchors inflation expectations, which are not within the sphere of control of th...
Using a new survey of firm managers, we investigate whether inflation expectations in New Zealand ar...
We inspect how inflation target announcements are instrumental in building central bank credibility ...
We assess the prospects for central banks using inflation expectations as a policy tool for stabiliz...
We study the interplay between the central bank transparency, its credibility, and the ination targe...
In this paper, we present a monetary policy game in which the central bank has a private forecast of...
The measurement of credibility and reputation is fundamental for the analysis of countries which ado...
Recent monetary history has been characterized by monetary authorities which have been, alternativel...
AbstractBased on market expectations reported by the Central Bank of Brazil for the SELIC interest r...
Credibility is elusive and no generally agreed upon measure of it exists. Despite that, Blinder (200...
We identify credible monetary policy with first, a disconnect between inflation and inflation expect...
Ministry of Education, Singapore under its Academic Research Funding Tier 1; SKB
Most emerging market central banks have adopted inflation targeting as their monetary policy system....
We investigate the credibility of inflation targeting (IT) central banks (CBs) by estimating perceiv...
Since there are significant biases in the individuals' inflationary expectations, the role of moneta...
Inflation targeting anchors inflation expectations, which are not within the sphere of control of th...
Using a new survey of firm managers, we investigate whether inflation expectations in New Zealand ar...
We inspect how inflation target announcements are instrumental in building central bank credibility ...
We assess the prospects for central banks using inflation expectations as a policy tool for stabiliz...
We study the interplay between the central bank transparency, its credibility, and the ination targe...
In this paper, we present a monetary policy game in which the central bank has a private forecast of...
The measurement of credibility and reputation is fundamental for the analysis of countries which ado...
Recent monetary history has been characterized by monetary authorities which have been, alternativel...
AbstractBased on market expectations reported by the Central Bank of Brazil for the SELIC interest r...