We contrast the influence of demography and central bank independence on inflation. The recent demographic trends in … developed countries are shown to weight more on inflation than central bank independence, while the contrary stands for the …

Conventional wisdom argues that the relation between central bank independence (CBI) and inflation is negative. However …, empirical studies based upon regressing inflation rates on CBI tend to reject this hypothesis and show that there is no negative … relationship. This article investigates the effect of CBI on inflation by quantile regression. The empirical result shows that the …

inflation, economic activity, and budget deficit, was also performed. …

, Sweden, the UK and the US. Employing this indicator we show that increasing effective conservatism tends to lower inflation … without increasing the output gap. However, while a higher degree of effective conservatism does not result in lower inflation …

This paper analyses empirically the link between central bank financial strength and inflation. The issue has become … relationship between several measures of central bank financial strength and inflation, this link appears rather weak and not as … robust as suggested by the previous - very limited - literature. In general, other inflation determinants play a much more …

-shaped relationship between union density and inflation, and a negative relationship between union concentration and inflation. These …

relationship between inflation and measures of CBI mostly in developed economies. Based on this ex ante information on CBI-inflation … evidence confirming the CBI-inflation tradeoff. Notably, the standard errors of the GLS estimates are lower than that of the …

increase in conservatism triggers two opposite effects. It reduces the inflation bias of discretionary monetary policy and …