The Political Economy of Central Bank Independence
AbstractIt is often argued that a high level of central-band independence coupled with an explicit mandate that the bank aim for price stability are important institutional devices for maintaining that stability. Indeed, a number of countries have recently increased the independence of their central banks in order to raise their commitment to price stability.
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Bibliographic InfoPaper provided by Tilburg - Center for Economic Research in its series Papers with number 9587.
Length: 79 pages
Date of creation: 1995
Date of revision:
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CENTRAL BANKS; FINANCIAL POLICY;
Other versions of this item:
- Eijffinger, S-C-W & de Haan, J, 1996. "The Political Economy of Central-Bank Independence," Princeton Studies in International Economics 19, International Economics Section, Departement of Economics Princeton University,.
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
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