Results 21 to 30 of about 19,804 (295)

Central Bank Financial Independence [PDF]

open access: yesSSRN Electronic Journal, 2004
Central bank independence is a multifaceted institutional design. The financial component has been seldom analysed. This paper intends to set a comprehensive conceptual background for central bank financial independence. Quite often central banks are modelled as robot like maximizers of some goal.
openaire   +2 more sources

What really matters: conservativeness or independence?

open access: yesPSL Quarterly Review, 2013
Contemporary views often support the idea that a high level of central bank independence, together with a clear mandate for it to restrain inflation, are important institutional devices for maintaining price stability. The meaning and policy implications
J. DE HAAN, W. KOOI
doaj   +1 more source

Central bank independence: searching for the philosophers’ stone [PDF]

open access: yes, 1993
Recently there has been worldwide interest in examining the scope for greater monetary policy autonomy for the central bank. At the EC-summit in Maastricht in December 1991 a Treaty on European Economic and Monetary Union (EMU) was agreed upon. According to this treaty, in the final stage of EMU — i.e.
Eijffinger, S.C.W., Schaling, E.
openaire   +3 more sources

THE OPTIMAL MONETARY POLICY INSTRUMENTS: THE CASE OF INDONESIA

open access: yesBuletin Ekonomi Moneter dan Perbankan, 2003
In 1999, the central bank of Indonesia, Bank Indonesia, gained its independence. The new Central Bank Act has established a more explicit foundation for Bank Indonesia’s independence.
Yoga Affandi
doaj   +1 more source

Analysis of the degree of legal independence of the Croatian National bank and the National bank of the Republic of North Macedonia [PDF]

open access: yesGlasnik Advokatske komore Vojvodine, 2023
The stability of each country's monetary system depends on the quality of operations of its Central Bank, as one of the most important institutions. Due to their great importance, central banks hold a special place in scientific analysis.
Mlađenović Mirjana
doaj   +1 more source

Inflation targeting and central bank independence: Do legal origins play a role? [PDF]

open access: yesBanks and Bank Systems
Type of the article: Research Article AbstractCentral bank independence is widely recognized as a precondition for launching inflation targeting, but there is no empirical support for this.
Viktor Koziuk, Nataliia Dziubanovska
doaj   +1 more source

Autonomia della banca centrale e inflazione: panacea o placebo? (Central bank independence and inflation performance: panacea or placebo?)

open access: yesMoneta e Credito, 2013
A great deal of recent attention has been devoted towards the relationship between central bank independence and economic performance. The degree of central bank independence is said to determine cross-country inflation differences.
M.A. JENKINS
doaj   +1 more source

Central bank independence and inflation performance: panacea or placebo?

open access: yesPSL Quarterly Review, 2013
A great deal of recent attention has been devoted towards the relationship between central bank independence and economic performance. The degree of central bank independence is said to determine cross-country inflation differences.
M.A. JENKINS
doaj   +1 more source

The Components of Requirements of Central Bank Independence in Iran’s Economy: With an Emphasis on Government Structure [PDF]

open access: yesفصلنامه پژوهش‌های اقتصادی ایران
Some monetary policymakers attribute the persistent high inflation in Iran’s economy solely to the lack of central bank independence, arguing that granting the central bank autonomy is necessary to reduce inflation. However, empirical studies reveal that
Rana Abbasgholi Nezhad Asbaghi   +1 more
doaj   +1 more source

Central Bank Independence: The Case of North African Central Banks

open access: yesJournal of Central Banking Theory and Practice, 2023
Abstract The independence of Central Banks is still considered to be a credibility factor in ensuring price stability. Thus, many central banks in transition countries have undergone a change in their statutes in order to achieve greater independence from governments. In this vein, within a decade, North African Central Banks have put
Haoudi, Amina, Touati, Ali Bennagem
openaire   +2 more sources

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