Measuring the Time Inconsistency of Monetary Policy in Indonesia
Buletin Ekonomi Moneter dan Perbankan, 2013 This study measured the time inconsistency of monetary policy in Indonesia using the asymmetric preference parameter in linear exponential loss function of the central bank.
Rini Rahmahdian, Perry Warjiyo
doaj +1 more source
Journal of Economics, Finance and Accounting Studies, 2023 The study aims to demonstrate the effect of each of the legal reserve and the discount rate on some indicators of economic stability represented by (money supply in the narrow and broad sense, inflation, and gross domestic product) based on the analysis ...
Ahmed Khalaf Hussein Al-Zuhairi
semanticscholar +1 more source
MENGUKUR TIME INCONSISTENCY KEBIJAKAN MONETER DI INDONESIA
Buletin Ekonomi Moneter dan Perbankan, 2013 This study measured the time inconsistency of monetary policy in Indonesia using the asymmetric preference parameter in linear exponential loss function of the central bank.
Rini Rahmahdian, Perry Warjiyo
doaj +1 more source
Central Bank Financial Independence [PDF]
SSRN 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
Independence and Credibility of the Central Bank in a Situation of Financial Liberalization
International journal of economics, business and management research, 2023 This study attempts to advance our knowledge of the role, conduct, and standing of a credible, independent central bank in its duty to uphold the general price level's stability.
Lipembu Manzingo Béarice Béatrice +2 more
semanticscholar +1 more source
Can a change in cropping patterns produce water savings and social gains: A case study from the Fergana Valley, Central Asia [PDF]
, 2018 The study examines possible water savings by replacing alfalfa with winter wheat in the Fergana Valley, located upstream of the Syrdarya River in Central Asia.
Abdurakhmannov, Botir +3 more
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ON THE INDEPENDENCY OF THE CENTRAL BANK OF THE TURKISH REPUBLIC OF NORTHERN CYPRUS
, 2010 Genel egilim olarak fiyat istikrarini artirma yonunde odaklasan tartismalar cercevesinde, Merkez Bankalari son zamanlarda bagimsizliklarini artirma yonunde girisimde bulunmaktadirlar.
O. Şafakli, Hüseyin Özdeşer
semanticscholar +1 more source
Economic policy responses to the COVID-19 pandemic: The role of central bank independence
Economics Letters, 2021 Is central bank independence (CBI) associated with economic policy responses to mitigate the adverse economic effects of the COVID 19 pandemic? In this paper, we provide cross-country evidence that it does.
C. Elgin +3 more
semanticscholar +1 more source
Estimating the effect of central bank independence on inflation using longitudinal targeted maximum likelihood estimation [PDF]
Journal of Causal Inference, 2020 The notion that an independent central bank reduces a country’s inflation is a controversial hypothesis. To date, it has not been possible to satisfactorily answer this question because the complex macroeconomic structure that gives rise to the data has ...
P. Baumann, M. Schomaker, Enzo Rossi
semanticscholar +1 more source
Central Bank Independence and Inflation in Latin America—Through the Lens of History
IMF Working Papers, 2022 We study the link between central bank independence and inflation by providing narrative and empiricial evidence based on Latin America’s experience over the past 100 years.
L. Jácome, Samuel Pienknagura
semanticscholar +1 more source