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Do Central Bank Independence Reforms Matter for Inflation Performance?
Högskolan i Gävle, Akademin för utbildning och ekonomi, Avdelningen för ekonomi, Nationalekonomi. (Nationalekonomi)
2011 (engelsk)Inngår i: International Journal of Banking, Accounting and Finance, ISSN 1755-3830, E-ISSN 1755-3849, Vol. 3, nr 4, s. 320-335Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

A difference-in-difference approach was used to investigate whether central bank independence (CBI) reforms matter for inflation, based on a novel dataset including the possible occurrence of such reforms in 132 countries during the period 1980 to 2005. CBI-reforms are found to have contributed to bringing down high inflation rates where those existed, but they seem unrelated to performance in low-inflation countries

sted, utgiver, år, opplag, sider
InderScience Publishers, 2011. Vol. 3, nr 4, s. 320-335
Emneord [en]
Monetary policy; institutional reforms; central banking; price stability; political economy; delegation
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Identifikatorer
URN: urn:nbn:se:hig:diva-10423DOI: 10.1504/IJBAAF.2011.043700Scopus ID: 2-s2.0-84858425507OAI: oai:DiVA.org:hig-10423DiVA, id: diva2:443490
Tilgjengelig fra: 2011-09-26 Laget: 2011-09-26 Sist oppdatert: 2018-03-13bibliografisk kontrollert

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