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Towards a diagnostic test for sporadic ALS utilising deep learning and SNP microarrays
Hu J +33 more
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Central-bank independence revisited
SSRN Electronic Journal, 2018In major advanced economies, including Australia, independent central banks have become established institutions. Yet there are reasons why the sustained presence of such an institution in a democratic society should be challenged. This paper considers the arguments usually advanced for central bank independence, and the underlying arguments for a ...
G.C. Harcourt +2 more
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SSRN Electronic Journal
Central bank independence refers to the absence of influence of politicians on monetary policymaking. Theory predicts that countries with an independent and "conservative" (inflation-averse) central bank will have lower inflation than those in which monetary policy is controlled by the government. Most empirical evidence supports this prediction. Still,
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Central bank independence refers to the absence of influence of politicians on monetary policymaking. Theory predicts that countries with an independent and "conservative" (inflation-averse) central bank will have lower inflation than those in which monetary policy is controlled by the government. Most empirical evidence supports this prediction. Still,
+7 more sources
Journal of Economic Surveys, 2001
This paper reviews recent research on central bank independence (CBI). After we have distinguished between independence and conservativeness, research in which the inflationary bias is endogenised is reviewed. Finally, the various challenges that have been raised against previous empirical findings on CBI are discussed.
Berger, Helge +2 more
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This paper reviews recent research on central bank independence (CBI). After we have distinguished between independence and conservativeness, research in which the inflationary bias is endogenised is reviewed. Finally, the various challenges that have been raised against previous empirical findings on CBI are discussed.
Berger, Helge +2 more
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Central Bank independence [PDF]
In this paper we present the key aspects regarding central bank’s independence. Most economists consider that the factor which positively influences the efficiency of monetary policy measures is the high independence of the central bank. We determined that the National Bank of Romania (NBR) has a high degree of independence.
Vasile DEDU, Tiberiu STOICA
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2021
The chapter covers central bank independence broadly and makes use of rich literature to bring out key issues on central bank independence from the inception of central banking in 1668 to the twenty-first century. The chapter identifies four measures of central bank independence mainly focusing on legal characteristics.
Patrick Njoroge +2 more
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The chapter covers central bank independence broadly and makes use of rich literature to bring out key issues on central bank independence from the inception of central banking in 1668 to the twenty-first century. The chapter identifies four measures of central bank independence mainly focusing on legal characteristics.
Patrick Njoroge +2 more
openaire +1 more source
Independence of the Central Bank
SSRN Electronic Journal, 2008We present a model in which the central bank, the current government and the median voter interact strategically and repeatedly. If the central bank is completely independent, it can implement an equilibrium in which the monetary policy is tight and beneficial in the long run.
Rogerio Mazali, José A. Rodrigues-Neto
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2008
Central bank independence refers to the freedom of monetary policymakers from direct political or governmental influence in the conduct of policy.
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Central bank independence refers to the freedom of monetary policymakers from direct political or governmental influence in the conduct of policy.
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2015
Central bank independence has for many years appeared to be a successfulway of ensuring low inflation. But that independence has beenmodified, compromised, or even ended in the wake of the recent financialcrisis. This paper explains why such shocks are likely to affect independenceas a consequence of the inevitable incompleteness of the contractwhich ...
openaire +1 more source
Central bank independence has for many years appeared to be a successfulway of ensuring low inflation. But that independence has beenmodified, compromised, or even ended in the wake of the recent financialcrisis. This paper explains why such shocks are likely to affect independenceas a consequence of the inevitable incompleteness of the contractwhich ...
openaire +1 more source

