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Cross sectional evidence on the relation between monetary policy, macroeconomic conditions and low-frequency inflation uncertainty
Hartmann, Matthias; Conrad, Christian - 2014
section of 13 developed economies, we find that long-term inflation uncertainty is high if central bank governors are … low degree of central bank independence. …
Persistent link: https://www.econbiz.de/10010396927
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Superstar Central Bankers
Neuenkirch, Matthias; Tillmann, Peter - 2014
The personalities of central bankers moved center stage during the recent financial crisis. Some central bankers even gained "superstar" status. In this paper, we evaluate the pivotal role of superstar central bankers by assessing the difference an outstanding governor makes to economic...
Persistent link: https://www.econbiz.de/10010396936