Central bank independence: An update of theory and evidence

被引：116

作者：

Berger, H ^{[1
]}

de Haan, J

Eijffinger, SCW

机构：

[1] Univ Munich, D-80539 Munich, Germany

[2] Univ Groningen, NL-9700 AB Groningen, Netherlands

[3] Tilburg Univ, Tilburg, Netherlands

来源：

JOURNAL OF ECONOMIC SURVEYS | 2001年 / 15卷 / 01期

关键词：

central bank independence; inflation; labour markets;

D O I：

10.1111/1467-6419.00131

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper reviews recent research on central bank independence (CBI). After we have distinguished between independence and conservativeness, research in which the inflationary bias is endogenised is reviewed. Finally, the various challenges that have been raised against previous empirical findings on CBI are discussed. We conclude that the negative relationship between CBI and inflation is quite robust.

引用

页码：3 / 40

页数：38

共 50 条

[1] Central bank independence: Problematic theory and empirical evidence
Lapavitsas, C
[J]. CONTEMPORARY ECONOMIC THEORY: RADICAL CRITIQUES OF NEOLIBERALISM, 1999, : 205 - 219
[2] Central Bank Independence and Inflation: Schumpeterian Theory and Evidence
He, Qichun
Zou, Heng-fu
[J]. ANNALS OF ECONOMICS AND FINANCE, 2024, 25 (02): : 463 - 500
[3] CENTRAL BANK STRATEGY, CREDIBILITY, AND INDEPENDENCE - THEORY AND EVIDENCE - CUKIERMAN,A
TOMA, M
[J]. PUBLIC CHOICE, 1993, 77 (03) : 682 - 684
[4] CENTRAL BANK STRATEGY, CREDIBILITY, AND INDEPENDENCE - THEORY AND EVIDENCE - CUKIERMAN,A
FUHRMAN, W
[J]. JOURNAL OF INSTITUTIONAL AND THEORETICAL ECONOMICS-ZEITSCHRIFT FUR DIE GESAMTE STAATSWISSENSCHAFT, 1995, 151 (02): : 399 - 402
[5] CENTRAL BANK STRATEGY, CREDIBILITY, AND INDEPENDENCE - THEORY AND EVIDENCE - CUKIERMAN,A
BECK, N
[J]. AMERICAN POLITICAL SCIENCE REVIEW, 1993, 87 (02) : 519 - 520
[6] A structuralist theory of central bank independence
Zambrano, Eduardo
[J]. ECONOMICS BULLETIN, 2014, 34 (04): : 2190 - 2200
[7] The economic theory of central bank independence
Cihák, M
Holub, T
[J]. FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE, 1999, 49 (09): : 543 - 564
[8] A Political Agency Theory of Central Bank Independence
Eggertsson, Gauti B.
Le Borgne, Eric
[J]. JOURNAL OF MONEY CREDIT AND BANKING, 2010, 42 (04) : 647 - 677
[9] A nonnormative theory of inflation and central bank independence
Berthold Herrendorf
Manfred J. M. Neumann
[J]. Review of World Economics, 2000, 136 : 315 - 333
[10] A nonnormative theory of inflation and Central Bank independence
Herrendorf, B
Neumann, MJM
[J]. WELTWIRTSCHAFTLICHES ARCHIV-REVIEW OF WORLD ECONOMICS, 2000, 136 (02): : 315 - 333

← 1 2 3 4 5 →