CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM

dc.creatorMendonça, Helder Ferreira de
dc.date2009-10-14
dc.identifierhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10842
dc.descriptionThis paper presents a simple Barro-Gordon type model to explain the link between central bank independence (CBI) and inflation. It then extends the model to examine the link between CBI and economic growth. Using an index of CBI created by Cukierman, Webb and Neyapti (1992) the paper empirically tests the link between CBI, investment and growth. This paper finds no evidence that CBI promotes investment or growth.en-US
dc.descriptionThis paper presents a simple Barro-Gordon type model to explain the link between central bank independence (CBI) and inflation. It then extends the model to examine the link between CBI and economic growth. Using an index of CBI created by Cukierman, Webb and Neyapti (1992) the paper empirically tests the link between CBI, investment and growth. This paper finds no evidence that CBI promotes investment or growth.pt-BR
dc.formatapplication/pdf
dc.languagepor
dc.publisherUFRGSpt-BR
dc.relationhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10842/6436
dc.rightsCopyright (c) 2019 Análise Econômicapt-BR
dc.sourceAnálise Econômica; Vol. 24 No. 45 (2006): março de 2006en-US
dc.sourceAnálise Econômica; v. 24 n. 45 (2006): março de 2006pt-BR
dc.source2176-5456
dc.source0102-9924
dc.subjectCentral bank independence. Investment. Economic growth.pt-BR
dc.subjectJEL Classificationpt-BR
dc.subjectO42pt-BR
dc.subjectE58pt-BR
dc.subjectCentral bank independence. Investment. Economic growth.en-US
dc.subjectJEL Classificationen-US
dc.subjectO42en-US
dc.subjectE58en-US
dc.titleCENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEMen-US
dc.titleCENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEMpt-BR
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion


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