Does central bank independence smooth the political business cycle in inflation? Some OECD evidence

被引：2
|
作者：
Hadri, K [1 ]
Lockwood, B [1 ]
Maloney, J [1 ]
机构：
[1] Univ Exeter, Exeter EX4 4QJ, Devon, England
来源：
MANCHESTER SCHOOL | 1998年 / 66卷 / 04期
关键词：
D O I：
10.1111/1467-9957.00113
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper, electoral and partisan effects in inflation are identified for 18 OECD countries via regression analysis, building on the work of Alesina, Cohen and Roubini. The correlation of the size of these effects across countries with the level of central bank independence is investigated; the results suggest a negative correlation.
引用
收藏
页码：377 / 395
页数：19
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