The impact of public knowledge about central bank independence on trust and inflation expectations
通过对荷兰家庭的调查和随机对照实验，发现公众对欧洲央行独立性知之甚少，而提供相关信息能提升信任，但不影响通胀预期。
We conducted a survey of Dutch households to examine public knowledge of central bank independence. The results suggest that the public knows little about the independence of the European Central Bank (ECB). For instance, many respondents believe the ECB is influenced by the European Commission, EU governments, or financial institutions. Using a randomized controlled trial, we analyzed whether information about the ECB’s independence affects trust in the central bank and inflation expectations. Our experiment revealed that providing this information increased trust in the central bank, particularly among older individuals, individuals knowledgeable about central banks, and individuals who trusted the European Commission less. However, our results also suggest that providing this information does not affect inflation expectations.