Köse, Nezir; Süt, Ali Talih - In: Journal of central banking theory and practice 14 (2025) 2, pp. 63-90
This study proposes an implicit index for central bank credibility, which is critical in developing countries … dependent and policy rates as independent variables, are used to calculate the implicit credibility index of central banks. The … proposed central bank implicit credibility index was calculated using monthly data from 12 developing countries and New Zealand …