Central Bank Autonomy: Lessons from Global Trends

By Marco Arnone, Bernard J. Laurens, Jean-François Segalotto, Martin Sommer. 2007

280 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/78f16860e068f491e422c36a768826cdfbdb885f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. F. Ohnsorge
2. Jongrim Ha
3. Ayhan Kose
4. Tomáš Havránek
5. C. Bodea
6. Raymond Hicks
7. Marek Rusňák
8. Zuzana Irsova

Citations in the corpus

• Central Bank Independence in the World: A New Data Set (2016, unknown): “CBI components, income group averages. are very simple models, the fact that in a larger sample I find a negative relationship between CBI and inflation for both developed and developing countries is noteworthy—and contrasts with previous findings (see Arnone et al. 2007; Bodea and Hicks 2015b:40).”
• Banking risk and regulation: Does one size fit all? (2012, unknown): “Third, we take up a measure of central bank independence, which measures differences in the independence of monetary policy makers across countries, following the method of Klomp and De Haan (2010) and using the data of Arnone et al. (2007) and Acemoglu et al. (2008).”
• Transmission Lags of Monetary Policy: A Meta-Analysis (2012, methodology): “CB independence A measure of central bank independence (Arnone et al., 2009).”
• Inflation in Emerging and Developing Economies: Evolution, Drivers, and Policies (2018, background): “They generally entailed a reduction on the balance of payments deficits, a reduction on the budget deficit, liberalization of markets to guarantee a price mechanism, privatization of state-owned enterprises, strengthening of financial institutions, improved governance, and enhancement of foreign inv”
• When Does Policy Reform Work?: The Case of Central Bank Independence (2008, unknown): “The first was the model of time inconsistency and inflation bias developed by Finn Kydland and Edward Prescott and later extended by Robert Barro and David Gordon.1 The source of inflation in all these models is an interplay between wage setting behavior and the incentive of the central bank to…”
• Price Stability and Central Bank Independence: Discipline, Credibility, and Democratic Institutions (2014, background): “See Arnone et al. 2007; and Crowe and Meade 2008.”