facto central bank independence. -- Central bank research ; Fiscal policy ; Inflation: costs and benefits …

independence (CBI) on price stability (the level of inflation and inflation volatility), employing a panel dataset that covers up …

budget consolidation, interest rate hikes, or lowering the target inflation rate could prevent a crisis. The most effective … and efficient measure is lowering the perceived inflation target by restoring central bank’s independence, thereby … regaining investor confidence. Loans from international partners would also stabilize Turkey’s currency, inflation, and economy …

free float, an independent monetary authority and inflation targeting yields an outcome that mimics the price stabilization … authority and inflation targeting, would be Pareto-improving when compared to harder regimes. …

inflation targeter early in this period but began to pay less attention to inflation after 2009. Loss of the strong nominal …