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CENTRAL BANK INDEPENDENCE,DEMOCRACY,AND DOLLARIZATION
central bank independence constitutional democracy democratic control
2015/9/18
Is there a fundamental conflict between insulating monetary policy from popular pressures, seen as essential to sound monetary policy, and making policy responsive to the popularwill, seen as fundamen...
CENTRAL BANK INDEPENDENCE AND INFLATION: A NOTE
CENTRAL banks & banking BANKING industry FOREIGN exchange CIRCULAR velocity of money
2011/10/3
We document increased central bank independence within the set of industrialized nations. This increased independence can account for nearly two-thirds of the improved inflation performance of these n...
The Puzzle of the Diffusion of Central-Bank Independence Reforms: Insights from an Agent-Based Simulation
Agent-based modeling Central banks Diffusion Kingdon
2011/9/24
The emergence of an ever-widening sphere of global public policy is a new reality in a world characterized by the blurring of boundaries between the national and the global; by flows of ideas, people,...
Inflation, Central Bank Independence and the Legal System
Judicial Independence Legal Trust Central Bank Independence Inflation
2014/6/26
We argue that a higher degree of de facto independence of the legal system from the other government branches as well as public trust in the legal system may reduce the average inflation record of cou...