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The Credibility of Monetary Policy Announcements – Empirical Evidence for OECD Countries Since the 1960s

https://doi.org/10.2139/ssrn.2123098
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20/20 checkable references clean · checked 2026-08-27

Every reference with a DOI in the deposited reference list resolved to a known work in Crossref or DataCite at the dated check, and none carried a retraction, withdrawal, or removal notice.

19 without a DOI — not checked. A reference deposited without a DOI is never matched by title or guessed at; it stays outside the checked set, and this line discloses that.

The 20 checked references that resolve
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Inflation and Economic Growth
resolves10.1016/0304-3932(83)90051-X
Rules, discretion and reputation in a model of monetary policy
resolves10.1111/1467-6419.00131
Central Bank Independence: An Update of Theory and Evidence
resolves10.1257/jep.21.4.69
The Evolution of Central Bank Governance around the World
resolves10.1016/s0304-3932(01)00107-6
Central bank reform, liberalization and inflation in transition economies—an international perspective
resolves10.7551/mitpress/2847.001.0001
The European Central Bank
resolves10.1016/s0176-2680(02)00114-3
Why are price stability and statutory independence of central banks negatively correlated? The role of culture
resolves10.1093/oxfordjournals.oep.a028560
ON THE ASSESSMENT AND IMPLEMENTATION OF 'INSTITUTIONAL' REMEDIES
resolves10.1007/s11127-005-2055-1
The credibility of monetary reform – New evidence
resolves10.2307/1344630
Political and Monetary Institutions and Public Financial Policies in the Industrial Countries
resolves10.1016/S0176-2680(98)00006-8
Inflation culture, central bank independence and price stability
resolves10.5089/9781589062184.012
Annual Report on Exchange Arrangements and Exchange Restrictions 2003
resolves10.1016/j.ejpoleco.2008.07.003
Is there any link between legal central bank independence and inflation? Evidence from Latin America and the Caribbean
resolves10.1596/1813-9450-2542
Checks and Balances, Private Information, and the Credibility of Monetary Commitments
resolves10.1007/s11127-010-9672-z
Central bank independence and inflation revisited
resolves10.1086/260580
Rules Rather than Discretion: The Inconsistency of Optimal Plans
resolves10.1016/s0304-3932(97)00007-x
Crucial issues concerning central bank independence
resolves10.2307/2296528
The Political Business Cycle
resolves10.2307/2118453
Openness and Inflation: Theory and Evidence
resolves10.1016/j.ejpoleco.2008.07.004
No single definition of central bank independence is right for all countries
The 19 references without a DOI — listed, not checked
no DOI — not checkedref1
no DOI — not checkedref2
no DOI — not checkedref6
no DOI — not checkedref8
no DOI — not checkedHow Independent Should a Central Bank Be?
no DOI — not checkedref13
no DOI — not checkedDoes Central Bank Independence Reflect Monetary Commitment Properly -Methodical Considerations
no DOI — not checkedThe Optimum Quantity of Money
no DOI — not checkedVancouver: The Fraser Institute
no DOI — not checkedref21
no DOI — not checkedThe Case for a Monetary Rule in a Constitutional Democracy
no DOI — not checkedPolitical Parties and Macroeconomic Policy
no DOI — not checkedref29
no DOI — not checkedref30
no DOI — not checkedInteraction Effects in Econometrics
no DOI — not checkedref34
no DOI — not checkedWhy Central Bank Independence Does Not Cause Low Inflation: There Is No Institutional Fix For Politics
no DOI — not checkedref38
no DOI — not checkedref39
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