Electronic Resource
Oxford, UK and Boston, USA
:
Blackwell Publishers Ltd
Journal of economic surveys
15 (2001), S. 0
ISSN:
1467-6419
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
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. We conclude that the negative relationship between CBI and inflation is quite robust.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/1467-6419.00131
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