Similar Search Results

Does low inflation pose a risk to economic growth and central banks reputation?

Dąbrowski, Marek - 2020

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the reputation of central banks. Thus, central banks should not...

Persistent link: https://www.econbiz.de/10012230450

The relationship between central bank independence, financial freedom, and economic growth : a panel ARDL bounds testing approach

Akıncı, Merter; Akıncı, Gönül Yüce; Yılmaz, Ömer - In: Central Bank review / The Central Bank of the Republic … 15 (2015) 3, pp. 1-14

Persistent link: https://www.econbiz.de/10011376206

Inflation anchoring and growth : the role of credit constraints

Choi, Sangyup; Furceri, Davide; Loungani, Prakash; … - In: Journal of economic dynamics & control 134 (2022), pp. 1-19

Persistent link: https://www.econbiz.de/10013383761

Independence of the Central Bank, Growth and Coalitions in a Monetary Union

Hellier, Joël - 2012

Within a Monetary Union, we assume that the policy of a hard-nosed central bank results in a real appreciation of the Union currency, which is in contradiction with the growth targets of several countries. These countries may join together to question the policy of the bank. As a consequence,...

Persistent link: https://www.econbiz.de/10013101879

Democracy and institutional quality : theory and evidence

Krieger, Tommy - 2019

We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect … of democracy on institutional quality is increasing in people's human capital. Using a new panel data set, covering 140 …

Persistent link: https://www.econbiz.de/10012236426

Central Bank Independence, Inflation and Growth in Transition Economics

Loungani, Prakash; Sheets, Nathan - 1997

This paper documents two empirical relationships that have emerged as the former communist countries have taken steps to transform their economies. First, data from a sample of twelve transition economies suggest that increased central bank independence (CBI) is correlated with lower inflation...

Persistent link: https://www.econbiz.de/10014088421

Reviving Investment and Growth in Pakistan

Zaman, Arshad - 2021

Sovereign nations grow faster than non-sovereign ones. When Pakistan ceded economic management to the IMF in the late 1980s, the turn to neo-liberalism led to 14 years of decline in long-run rate of investment and growth from which it hasn't recovered. This cost the economy an estimated $75.6...

Persistent link: https://www.econbiz.de/10013240764

Does central bank independence really matter? : re-assessing the role of the independence of monetary policy-makers in macroeconomic outkomes

Zervoyianni, Athina L.; Anastasiou, Athanasios; … - In: International journal of economics and business research 8 (2014) 4, pp. 427-473

Persistent link: https://www.econbiz.de/10011325936

Central bank independence and macroeconomic performance : some comparative evidence

Alesina, Alberto; Summers, Lawrence Henry - 1990

Persistent link: https://www.econbiz.de/10000801623

Assessing the sources of changes in the volatility of real growth

Cecchetti, Stephen G.; Flores-Lagunes, Alfonso; Krause, … - 2006

Persistent link: https://www.econbiz.de/10003281772

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