Central bank independence and its relationship to inflation
Includes bibliography
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2014
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oai-11362-111212020-03-04T19:57:23Z Central bank independence and its relationship to inflation Mendonça, Helder Ferreira de BANCOS CENTRALES ESTUDIOS DE CASOS INFLACION MEDICION MODELOS MATEMATICOS CASE STUDIES CENTRAL BANKS INFLATION MATHEMATICAL MODELS MEASUREMENT Includes bibliography This paper builds on earlier studies of central bank independence (CBI);, making a comparison of the rankings of central banks for 15 countries through three different indices. The analysis reveals that there is no shared concept of CBI and that the indices are a measure of the inflation bias. The Brazilian case is used as an example, with the objective of examining the impact on inflation of an increase in independence over time, as measured by Cukierman's index. The findings indicate that CBI is a consequence of the conduct of monetary policy and that it is not an adequate framework for developing credibility. 2014-01-02T18:44:08Z 2014-01-02T18:44:08Z 2005-12 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11121 LC/G.2287-P en CEPAL Review CEPAL Review 87 application/pdf BRASIL BRAZIL |
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Cepal |
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Cepal |
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English |
| topic |
BANCOS CENTRALES ESTUDIOS DE CASOS INFLACION MEDICION MODELOS MATEMATICOS CASE STUDIES CENTRAL BANKS INFLATION MATHEMATICAL MODELS MEASUREMENT |
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BANCOS CENTRALES ESTUDIOS DE CASOS INFLACION MEDICION MODELOS MATEMATICOS CASE STUDIES CENTRAL BANKS INFLATION MATHEMATICAL MODELS MEASUREMENT Mendonça, Helder Ferreira de Central bank independence and its relationship to inflation |
| description |
Includes bibliography |
| format |
Texto |
| author |
Mendonça, Helder Ferreira de |
| author_facet |
Mendonça, Helder Ferreira de |
| author_sort |
Mendonça, Helder Ferreira de |
| title |
Central bank independence and its relationship to inflation |
| title_short |
Central bank independence and its relationship to inflation |
| title_full |
Central bank independence and its relationship to inflation |
| title_fullStr |
Central bank independence and its relationship to inflation |
| title_full_unstemmed |
Central bank independence and its relationship to inflation |
| title_sort |
central bank independence and its relationship to inflation |
| publishDate |
2014 |
| url |
http://hdl.handle.net/11362/11121 |
| work_keys_str_mv |
AT mendoncahelderferreirade centralbankindependenceanditsrelationshiptoinflation |
| _version_ |
1718433563587641344 |