Does Central Bank Independence Lower Inflation?

dc.authorscopusid 6507386221
dc.authorscopusid 6507757801
dc.contributor.author Ismihan, M
dc.contributor.author Ozkan, FG
dc.contributor.other Department of Business
dc.date.accessioned 2024-07-05T15:08:40Z
dc.date.available 2024-07-05T15:08:40Z
dc.date.issued 2004
dc.department Atılım University en_US
dc.department-temp Univ York, Dept Econ, York YO10 5DD, N Yorkshire, England; Atilim Univ, Dept Econ, Ankara, Turkey en_US
dc.description.abstract This paper provides a potential explanation for the recent findings of no significant relationship between central bank independence (CBI) and lower inflation. We argue that although CBI delivers lower inflation in the short-term, it may reduce the scope for productivity enhancing public investment and so harm future growth potential. We also argue that the effects on growth make CBI less likely to achieve lower inflation in the long-term. (C) 2004 Elsevier B.V. All rights reserved. en_US
dc.identifier.citationcount 18
dc.identifier.doi 10.1016/j.econlet.2003.12.022
dc.identifier.endpage 309 en_US
dc.identifier.issn 0165-1765
dc.identifier.issn 1873-7374
dc.identifier.issue 3 en_US
dc.identifier.scopus 2-s2.0-3342909619
dc.identifier.startpage 305 en_US
dc.identifier.uri https://doi.org/10.1016/j.econlet.2003.12.022
dc.identifier.uri https://hdl.handle.net/20.500.14411/1082
dc.identifier.volume 84 en_US
dc.identifier.wos WOS:000222962400002
dc.identifier.wosquality Q3
dc.institutionauthor İsmihan, Mustafa
dc.language.iso en en_US
dc.publisher Elsevier Science Sa en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 21
dc.subject central bank independence en_US
dc.subject public investment en_US
dc.subject inflation en_US
dc.title Does Central Bank Independence Lower Inflation? en_US
dc.type Article en_US
dc.wos.citedbyCount 18
dspace.entity.type Publication
relation.isAuthorOfPublication be78ac47-fc46-4031-a066-39b18c735617
relation.isAuthorOfPublication.latestForDiscovery be78ac47-fc46-4031-a066-39b18c735617
relation.isOrgUnitOfPublication 6fecf408-e340-4cbc-a391-6c8984c45f5e
relation.isOrgUnitOfPublication.latestForDiscovery 6fecf408-e340-4cbc-a391-6c8984c45f5e

Files

Collections