Essays about: "central bank independence and inflation"

Found 5 essays containing the words central bank independence and inflation.

1. 1. Monetary Policy Determination: A Taylor Rule Based Approach : A study of the West African Economic and Monetary Union

   University essay from Högskolan i Jönköping/Internationella Handelshögskolan

   Author : Henric Nicklasson; Måns Ekström; [2019]
   Keywords : Taylor Rule; Monetary Policy; Discretion; Policy Rules;

   Abstract : The purpose of this paper has been to investigate the monetary policy in the West African Economic and Monetary Union (WAEMU), in terms of a Taylor rule based approach to their use of their interest rate. The evaluation of the different rules was based on both in-sample and out-of-sample forecast errors. READ MORE

3. 2. The effects of central bank independence on inflation : A study on OECD-countries

   University essay from Umeå universitet/Nationalekonomi

   Author : Mervan Bedikanli; [2018]
   Keywords : ;

   Abstract : The ever-growing trends of globalization and open capital markets have changed world economics and the cooperation of monetary and political institutions. Since the breakdown of the Bretton-Woods system, defending the home currency has no longer been the main target for central banks. READ MORE

4. 3. Effects of central bank independence reforms on inflation in different parts of the world

   University essay from Högskolan Dalarna/Industriell ekonomi

   Author : Tian Huang; [2011]
   Keywords : central bank; CBI-reforms; inflation; time-inconsistency; geographic differences;

   Abstract : The purpose of this study is to analyze the effect of CBI-reforms on inflation in different parts of the world from a theoretical and empirical perspective. Compared to previous studies, this study focuses on whether CBI-reforms have different effects on reducing inflation in different parts of the world. READ MORE

5. 4. Central Bank Independence and Price Stability : A case study of the Riksbank and the ECB 1999-2009

   University essay from Internationella Handelshögskolan; IHH, Nationalekonomi

   Author : Khaled Mohammedsaid; Nice Muhanzu; [2009]
   Keywords : Swedish inflation;

   Abstract : Abstract The debate concerning the importance of central bank independence on inflation rates has, for several years been ambiguous. Some economists, among which Nobel Prize Laureates Kydland and Prescott (1977) argue that central bank independence is crucial to the achievement of price-stability. READ MORE

6. 5. Central Bank Independence, Centralized Wage Bargaining and Price Stability in a Monetary Policy Game

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Daniel Hedblom; [2008]
   Keywords : inflation; Panel Data; monetary policy; Central Bank Independence; Game Thoery; Centrailzation of Wage Bargaining; Reputational Equilibrium; Credibility; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

   Abstract : This paper addresses the usefulness of studying the interplay between central bank independence and centralized wage bargaining in the context of a repeated monetary policy game. Conventional macroeconomic wisdom suggests that because of increased credibility and the possibility to overcome inflationary bias, increased central bank independence has a negative effect on inflation rates. READ MORE