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The Political Economy of Central Bank Independence

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Author Info

  • Eijffinger, S.
  • De Hann, J.

Abstract

It 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 Info

Paper provided by Tilburg - Center for Economic Research in its series Papers with number 9587.

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Length: 79 pages
Date of creation: 1995
Date of revision:
Handle: RePEc:fth:tilbur:9587

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Postal: TILBURG UNIVERSITY, CENTER FOR ECONOMIC RESEARCH, 5000 LE TILBURG THE NETHERLANDS.
Phone: 31 13 4663050
Fax: 31 13 4663066
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Web page: http://center.uvt.nl/
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Related research

Keywords: CENTRAL BANKS; FINANCIAL POLICY;

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