Inflation Performance and Constitutional Central Bank Independence : Evidence From Latin America and the Caribbean

Evidence From Latin America and the Caribbean

Inflation Performance and Constitutional Central Bank Independence : Evidence From Latin America and the Caribbean
This paper explores the relationship between the constitutional entrenchment of central bank independence and inflation performance. Empirical studies for developing countries have not found a relationship between central bank independence, proxied by the "de jure" independence established in the central bank law, and inflation. We argue that... READ MORE...

Publication date: March 2003
ISBN 9781451847406
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