IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v26y2006i4p552-563id615.html
   My bibliography  Save this article

The effects of Central Bank independence and the rate of turnover on the Brazilian inflation

Author

Listed:
  • Helder Ferreira de Mendonça

Abstract

Nowadays, the belief is strong in the Brazilian federal government that operational central bank independence is a basic condition to assure price stability. The literature concerning this subject highlights that a high degree of independence and a low turnover of central bank governor are associated with low inflation. This paper analyzes the relation between central bank independence and inflation in Brazil during 1980-2002. The findings denote that there is no effect on inflation due to an increase in degree of independence and a fall in turnover rate. JEL Classification: E58.

Suggested Citation

  • Helder Ferreira de Mendonça, 2006. "The effects of Central Bank independence and the rate of turnover on the Brazilian inflation," Brazilian Journal of Political Economy, Center of Political Economy, vol. 26(4), pages 552-563.
    • Handle: RePEc:ekm:repojs:v:26:y:2006:i:4:p:552-563:id:615
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/615/613
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    central bank independence; inflation; turnover of central bank governors;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:26:y:2006:i:4:p:552-563:id:615. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.