Does Central Bank Independence Lower Inflation?

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.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.doi 10.1016/j.econlet.2003.12.022
dc.identifier.issn 0165-1765
dc.identifier.issn 1873-7374
dc.identifier.scopus 2-s2.0-3342909619
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.language.iso en en_US
dc.publisher Elsevier Science Sa en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
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
dspace.entity.type Publication
gdc.author.institutional İsmihan, Mustafa
gdc.author.scopusid 6507386221
gdc.author.scopusid 6507757801
gdc.coar.access metadata only access
gdc.coar.type text::journal::journal article
gdc.description.department Atılım University en_US
gdc.description.departmenttemp Univ York, Dept Econ, York YO10 5DD, N Yorkshire, England; Atilim Univ, Dept Econ, Ankara, Turkey en_US
gdc.description.endpage 309 en_US
gdc.description.issue 3 en_US
gdc.description.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
gdc.description.startpage 305 en_US
gdc.description.volume 84 en_US
gdc.description.wosquality Q3
gdc.identifier.wos WOS:000222962400002
gdc.scopus.citedcount 21
gdc.wos.citedcount 18
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