Inflation and central bank independence: Two-way causality?
It is now generally accepted that there is a negative relationship between inflation and central bank independence (CBI). This study finds that inflation and CBI are endogenously determined, yet the negative correlation between the two remains robust.
Year of publication: |
2011
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Authors: | Brumm, Harold J. |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 111.2011, 3, p. 220-222
|
Publisher: |
Elsevier |
Subject: | Central bank independence Inflation Causality |
Saved in:
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