Search Results for monetary policy credibility

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A long-standing conjecture in macroeconomics is that recent declines in exchange rate...

In this paper, we analyze how lack of credibility and transparency of monetary and fiscal...

This paper investigates the meaning of the bottom of target bands in inflation targeting regimes....

The paper extends a standard semi-structural model to account for nonlinear and asymmetric...

This paper extends a small linear model of the Israeli economy to allow for nonlinearities in the...

A central bank is financially strong if it possesses resources sufficient to attain its...