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Is there a cost to having an independent central bank?

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  • Carl E. Walsh

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Suggested Citation

  • Carl E. Walsh, 1994. "Is there a cost to having an independent central bank?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue feb4.
    • Handle: RePEc:fip:fedfel:y:1994:i:feb4:n:94-05
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    References listed on IDEAS

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    1. Alesina, Alberto & Summers, Lawrence H, 1993. "Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 25(2), pages 151-162, May.
    2. Alex Cukierman, 1992. "Central Bank Strategy, Credibility, and Independence: Theory and Evidence," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262031981, December.
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    Cited by:

    1. Thomas Jordan, 1998. "An Empirical Observation on Central Bank Independence and Real Output," Open Economies Review, Springer, vol. 9(3), pages 221-227, July.
    2. Jordan, Thomas J., 1999. "Central bank independence and the sacrifice ratio," European Journal of Political Economy, Elsevier, vol. 15(2), pages 229-255, June.

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