This paper proposes a new measure of central bank credibility—the credibility index
calculated on the basis of the key determinants of central bank credibility. The index is …

Establishment of an effective early warning system can make the company operators make
relevant decisions as soon as possible when finding the crisis, improve the operating results …

The idea that the Euro zone sovereign debt crisis was caused by structural weaknesses
degenerating into fundamental macroeconomic imbalances in the peripheral countries …

The post-crisis has raised concerns about the distributional impact of policy interventions,
namely resulting from the extreme monetary policy actions and the generalised adoption of …

The first theme of the conversation was that having an enlarged role and using more
instruments is normal for the central banks when there is a financial melt down. Bod …

The main purpose of this paper is twofold. First, it aims to estimate the effect of the tightening
of regulatory capital requirements on the real economy in periods of credit upswing. Second …

The first theme of the conversation was that having an enlarged role and using more
instruments is normal for the central banks when there is a financial meltdown. Bod …