Economics, Econometrics and Finance
8 years ago

Central bank independence crucial for long-term economic stability, study finds.

SSRN Electronic Journal
Independence of the Central Bank
Rogério Mazali

Paper Summary

Related papers

Economics, Econometrics and Finance
2 years ago

Central bank independence linked to lower inflation rates in developed economies.

Fiscal Policy
Macroeconomic Analysis
International Finance
Economics, Econometrics and Finance
2 years ago

Central bank independence linked to lower inflation rates in developed economies.

International Finance
Economics, Econometrics and Finance
5 years ago

Postwar Germany defies odds, successfully implements stable money and independent central bank.

Eurozone Crisis
International Finance

The central bank's independence affects how well the economy does in the long run. If the central bank is completely independent, it can make good decisions that benefit everyone. But if it's not fully independent, the government and central bank might work together to make bad choices that hurt the economy in the long term.