Any Link Between Legal Central Bank Independence and Inflation? : Evidence from Latin America and the Caribbean /

This paper reviews central bank legislation in 24 countries in Latin America and the Caribbean during the 1990s. Using panel regressions, we find a negative relationship between legal central bank independence (CBI) and inflation. This result holds for three alternative measures of CBI and after con...

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Dades bibliogràfiques
Autor principal: Jacome, Luis
Altres autors: Vazquez, Francisco
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2005.
Col·lecció:IMF Working Papers; Working Paper ; No. 2005/075
Accés en línia:Full text available on IMF

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