Does central bank independence lower inflation?

Economics Letters

Volumn 84, Issue 3, 2004, Pages 305-309

  Ismihan, Mustafa ^a   Gulcin Ozkan, F ^b,c  

^a ATILIM UNIVERSITY   (Turkey)

^b UNIVERSITY OF YORK   (United Kingdom)

^c CEPR   (United Kingdom)

Author keywords

Central bank independence; Inflation; Public investment

Indexed keywords

EID: 3342909619     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2003.12.022     Document Type: Article

References (7)

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2. Campillo M. Miron J. Why does inflation differ across countries? In: Romer C.D. Romer D.H. (Eds.). Reducing Inflation: Motivation and Strategy 1997 335-362 University of Chicago Press Chicago
3. Forder J. Central bank independence: conceptual clarifications and interim assessments Oxford Economic Papers 50 1998 307-334
4. Ismihan M. Ozkan F.G. 2003. Borrow to Invest? Strategic Public Borrowing versus Strategic Public Investment. Mimeo, University of York.
5. King D. Ma Y. Fiscal decentralization, central bank independence, and inflation Economics Letters 72 2001 95-98
6. Rogoff K. The optimal degree of commitment to an intermediate monetary target Quarterly Journal of Economics 100 1985 1169-1190
7. World Bank World Development Report 1994: Infrastructure for Development 1994 Oxford University Press for the World Bank New York