This study examines the relationship between central bank independence (CBI), financial stability, and inflation in 14 … independence and inflation. On the other hand, financial stability is only significant in the MG Model. Additional results obtained … from all forms of political and government influence in order to have greater chance of achieving lower inflation within …

According to the game-theoretic model of monetary policy, inflation is the consequence of time-inconsistent behavior of … the monetary authority. The inflation bias can be eased by handing over the responsibility for monetary policy to an … sample of 11 OECD countries. -- Central Banking ; Conservatism ; Central Bank Independence ; Inflation …