Central Bank Independence and Inflation IN EU-28
نویسندگان
چکیده
منابع مشابه
Debt, inflation and central bank independence
Increasing the independence of a central bank from political influence, although ex-ante socially beneficial and initially successful in reducing inflation, would ultimately fail to lower inflation permanently. The smaller anticipated policy distortions implemented by a more independent central bank would induce the fiscal authority to decrease current distortions by increasing the deficit. Ove...
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The purpose of this study is finding the sensitivity of central bank independence measurements on its impact on inflation in Iran. To this aim different measurements of the central bank independence were calculated using the indices of Grilli et al. (1991), Cukierman et al. (1992), Mathew (2006) and Dumiter (2009) for the period 1961-2012 . Although results of correlation between CBI index and ...
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New monetary literatures widely concentrates on the importance of institutional arrangements in the effectiveness of monetary policy. The debate regarding the optimal institutional design of central banks, independence and conservatism are usually considered to be the most important ingredients for a stable and successful monetary policy. Therefore, the purpose of this study is to deal with the...
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A number of authors have developed varied indices for measuring central bank independence with the aim of determining whether there is any association between central bank independence and inflation rates. Most analyses focused on industrialized countries, although more recently the interest has shifted to the emerging and less developed countries. The general trust of the results of these stud...
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the purpose of this study is finding the sensitivity of central bank independence measurements on its impact on inflation in iran. to this aim different measurements of the central bank independence were calculated using the indices of grilli et al. (1991), cukierman et al. (1992), mathew (2006) and dumiter (2009) for the period 1961-2012 . although results of correlation between cbi index and ...
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ژورنال
عنوان ژورنال: Land Forces Academy Review
سال: 2017
ISSN: 2247-840X
DOI: 10.1515/raft-2017-0034