Results 271 to 280 of about 18,422 (311)
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Central Bank Independence

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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Economic Policy and Institutional Status of the Central Bank

Economic Revival of Russia
The article is devoted to the problem of the relation between economic policy and the institutional status of the central bank. The author argues that historically the central bank’s relationship with the government has tended to be based on its ...
V. Biryukov
semanticscholar   +1 more source

Central bank independence and fiscal deficit in India: non-linear evidence from a logistic smooth transition regression (LSTR)

Journal of Financial Economic Policy
This paper aims to examine the impact of central bank independence (CBI), both de jure and de facto, on the fiscal deficit (FD) in the case of India from 1980–1981 to 2018–2019.
A. Bhat   +2 more
semanticscholar   +1 more source

Increasing public debt and the role of central bank independence for debt maturities

European Economic Review, 2019
Governments are interested in lengthening debt maturity to reduce fiscal, refinancing, and default risks. On the other hand, investors may worry that highly indebted governments will inflate away their debts when it is long-term.
Lukas Nöh
semanticscholar   +1 more source

Central Bank Independence

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 ...
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Central-Bank Independence

2019
This chapter focuses on the independence of central banks. Constraints on governments as regards the setting of monetary policy are widely seen as a remedy against high inflation. Reasons why independent central banks produce less inflation include their autonomy from political pressure to finance public expenditure via printing money, and their ...
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Central Bank Independence and Monetary Control

The Economic Journal, 1994
ing from details, these conclusions imply that inflation is lower the higher is CBI and that, given independence, countries that pre-announce monetary policy have even lower rates of inflation. Furthermore, there is no evidence that CBI retards growth or investment. As a matter of fact, for LDCs, the evidence points in the opposite direction.
openaire   +1 more source

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