Central Bank Independence and Inflation: A Note

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Preprint 01 Jan 2006 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Charles T. Carlstrom; Timothy S. Fuerst;

doi: 10.2139/ssrn.1022093 , 10.1111/j.1465-7295.2008.00148.x

Central Bank Independence and Inflation: A Note

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Abstract

We document increased central bank independence within the set of industrialized nations. This increased independence can account for nearly two‐thirds of the improved inflation performance of these nations over the past two decades. (JEL E42, E58)

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Keywords

Banks and banking, Central ; Inflation (Finance)

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