Working Paper
Central bank independence and inflation: a note
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 last two decades.
Keywords: Banks and banking, Central; Inflation (Finance);
https://doi.org/10.26509/frbc-wp-200621
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 2006
Number: 0621