Results 21 to 30 of about 19,804 (295)
Central Bank Financial Independence [PDF]
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.
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What really matters: conservativeness or independence?
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
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Central bank independence: searching for the philosophers’ stone [PDF]
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.
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THE OPTIMAL MONETARY POLICY INSTRUMENTS: THE CASE OF INDONESIA
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
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Analysis of the degree of legal independence of the Croatian National bank and the National bank of the Republic of North Macedonia [PDF]
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
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Inflation targeting and central bank independence: Do legal origins play a role? [PDF]
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
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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
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Central bank independence and inflation performance: panacea or placebo?
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
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The Components of Requirements of Central Bank Independence in Iran’s Economy: With an Emphasis on Government Structure [PDF]
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
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Central Bank Independence: The Case of North African Central Banks
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
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