The Marxian utopia of communist society / Original Title: L’utopie marxienne de la société communiste
The risk of organizational populism / Original Title: Le risque du populisme organisationnel
Central bank credibility and the expectations channel: evidence based on a new credibility index
This article investigates the relationship between central bank credibility and the volatility of the key monetary policy instrument. First, we propose a time-varying measure of central bank credibility based on the gap between inflation expectations and the official inflation target.