Results 1 to 10 of about 19,804 (295)
Central bank independence: A sensitivity analysis [PDF]
European Journal of Political Economy, 1998 Abstract This paper investigates the empirical relationship between four measures of central bank independence and macroeconomic performance. We look at both the mean and the variance of output and inflation for twenty industrial countries for the period 1972–1992. The elasticity of inflation with respect to central bank independence is estimated and
Sylvester Eijffinger, Eric Schaling
exaly +10 more sources
The relationship between central bank independence and systemic fragility: global evidence
Cogent Economics & Finance, 2022 This study investigates the relationship between central bank independence and financial stability in a global sample covering 56 countries from 1980 to 2012.
Duc Nguyen Nguyen, Thuy T. Dang
doaj +3 more sources
Panel dataset on de jure central bank independence in 21 OECD countries (excluding the Eurozone) [PDF]
Data in BriefThis panel dataset provides an assessment of the independence of central banks in 21 OECD countries (excluding the Eurozone), focusing on their monetary policy autonomy as determined by legislation in 2010, 2015, and 2020.
Tomáš Pokorný +2 more
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The Concept of Independence of Central Bank on the Example of the National Bank of Poland [PDF]
Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej, 2019 The need for independence of the central bank results from the fiduciary nature of modern money. Independence of the central bank is generally understood as depriving the executive of the influence on the bank's decisions, while depriving the legislative
Agata Tarnacka
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Central bank independence as a prerequisite for ensuring price stability: Modeling the role of the national pattern [PDF]
Banks and Bank Systems, 2023 Ensuring price stability is a dominant function of the central bank. Empirical studies on various statistical samples give conflicting results regarding the influence of central bank independence on the inflation rate.
Atik Kerimov +4 more
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Interaction of Central Bank Independence and Transparency: Bibliometric Analysis [PDF]
Business Ethics and Leadership, 2020 This paper summarizes the arguments and counterarguments within the scientific discussion on the central bank independence and central bank transparency interaction.
Dudchenko Victoria Yuriivna
doaj +1 more source
Meta-Analysis of the Effect of Central Bank Independence on Inflation [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2022 Studies conducted on the relationship between central bank independence and inflation show heterogeneity in the results. Some of these studies have concluded a negative relationship, while others have concluded a positive or insignificant relationship ...
Mohammad Javad Nourahmadi +2 more
doaj +1 more source
Central bank independence: A paneldata approach [PDF]
Public Choice, 1996 The present paper uses a paneldata estimation technique to combine the time series for individual countries (Australia, Canada, France, Germany, Italy, Japan, the Netherlands, Switzerland, the United Kingdom and the United States). We postulated the response of central banks in these countries to inflation, economic growth and current account surplus ...
Eijffinger, S.C.W. +2 more
openaire +6 more sources
The benefits of central bank's political independence [PDF]
European Economic Review, 2004 Abstract We consider a two-tier model of monetary policy where the central banker is both subject to the explicit influence of elected political principals through contracts and the implicit influence of interest groups willing to capture monetary policy.
Gabillon, Emmanuelle, Martimort, David
openaire +4 more sources
Central Bank Independence and Inflation: A Note [PDF]
SSRN Electronic Journal, 2006 We document increased central bank independence within the set of industrialized nations. This increased independence can account for nearly two‐thirds of the improved inflation performance of these nations over the past two decades. (JEL E42, E58)
Charles T. Carlstrom, Timothy S. Fuerst
openaire +1 more source