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Central Bank Credibility: An Historical and Quantitative Exploration

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NBER2015-01-01 更新2025-01-04 收录
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In this paper we provide empirical measures of central bank credibility and augment these with historical narratives from eleven countries. To the extent we are able to apply reliable institutional information we can also indirectly assess their role in influencing the credibility of the monetary

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2015-01-01
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