Any Link Between Legal Central Bank Independence and Inflation? : Evidence from Latin America and the Caribbean /

This paper reviews central bank legislation in 24 countries in Latin America and the Caribbean during the 1990s. Using panel regressions, we find a negative relationship between legal central bank independence (CBI) and inflation. This result holds for three alternative measures of CBI and after con...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Jacome, Luis
Rannpháirtithe: Vazquez, Francisco
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2005.
Sraith:IMF Working Papers; Working Paper ; No. 2005/075
Rochtain ar líne:Full text available on IMF