Reputation, credibility and monetary policy effectiveness
As reputation and credibility are important elements for monetary policy effectiveness, the paper aims at exploring the concepts of both and its importance in a context where central banks policies are not neutral, that is, monetary policy affects real and nominal variables. The paper seeks to contr...
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Format: | Article |
Language: | English |
Published: |
Universidade de São Paulo
2009-09-01
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Series: | Estudos Econômicos |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-41612009000300009 |