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

Detalhes bibliográficos
Autor(a) principal: Mendonça, Helder Ferreira de
Data de Publicação: 2009
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10842
Resumo: This 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.
id UFRGS-24_3dbd6707b361eaf80ea122498f038187
oai_identifier_str oai:seer.ufrgs.br:article/10842
network_acronym_str UFRGS-24
network_name_str Análise Econômica (Online)
repository_id_str
spelling CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEMCENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEMCentral bank independence. Investment. Economic growth.JEL ClassificationO42E58Central bank independence. Investment. Economic growth.JEL ClassificationO42E58This 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.This 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.UFRGS2009-10-14info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/1084210.22456/2176-5456.10842Análise Econômica; Vol. 24 No. 45 (2006): março de 2006Análise Econômica; v. 24 n. 45 (2006): março de 20062176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10842/6436Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessMendonça, Helder Ferreira de2019-08-29T12:39:47Zoai:seer.ufrgs.br:article/10842Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2019-08-29T12:39:47Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
title CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
spellingShingle CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
Mendonça, Helder Ferreira de
Central bank independence. Investment. Economic growth.
JEL Classification
O42
E58
Central bank independence. Investment. Economic growth.
JEL Classification
O42
E58
title_short CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
title_full CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
title_fullStr CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
title_full_unstemmed CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
title_sort CENTRAL BANK INDEPENDENCE AND ECONOMIC GROWTH: AN ANALYSIS OF THE LINK BETWEEN THEM
author Mendonça, Helder Ferreira de
author_facet Mendonça, Helder Ferreira de
author_role author
dc.contributor.author.fl_str_mv Mendonça, Helder Ferreira de
dc.subject.por.fl_str_mv Central bank independence. Investment. Economic growth.
JEL Classification
O42
E58
Central bank independence. Investment. Economic growth.
JEL Classification
O42
E58
topic Central bank independence. Investment. Economic growth.
JEL Classification
O42
E58
Central bank independence. Investment. Economic growth.
JEL Classification
O42
E58
description This 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.
publishDate 2009
dc.date.none.fl_str_mv 2009-10-14
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10842
10.22456/2176-5456.10842
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10842
identifier_str_mv 10.22456/2176-5456.10842
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10842/6436
dc.rights.driver.fl_str_mv Copyright (c) 2019 Análise Econômica
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Análise Econômica
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv UFRGS
publisher.none.fl_str_mv UFRGS
dc.source.none.fl_str_mv Análise Econômica; Vol. 24 No. 45 (2006): março de 2006
Análise Econômica; v. 24 n. 45 (2006): março de 2006
2176-5456
0102-9924
reponame:Análise Econômica (Online)
instname:Universidade Federal do Rio Grande do Sul (UFRGS)
instacron:UFRGS
instname_str Universidade Federal do Rio Grande do Sul (UFRGS)
instacron_str UFRGS
institution UFRGS
reponame_str Análise Econômica (Online)
collection Análise Econômica (Online)
repository.name.fl_str_mv Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)
repository.mail.fl_str_mv ||rae@ufrgs.br
_version_ 1799766266522632193

Registros relacionados