Central bank independence: An update of theory and evidence

被引：119
|
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.
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页码：3 / 40
页数：38
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