Heterogeneity Effect of Central Bank Independence on Asset Prices: Evidence from Selected Developing Countries

corruption and central bank independence evidence from developing countries

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The impact of Central bank independence on stock market volatility

The new paradigm in monetary policymaking gives accent to central banks‘ Independence. It is widely accepted that in modern monetary policymaking, central banks have three key goals: price stability, output stability and financial stability. Recent studies on central bank independence mainly investigate the effects of central bank independence on economic stability. But the effectiveness of cen...

Crowding out Effect of Foreign Aid in Selected Developing Countries: Panel Data Evidence

The Effect of Financial Globalization on Monetary Policy Discipline: The Evidence from 22 Developing Countries

The literature on the benefits and costs of financial globalization for developing countries has exploded in recent years. There seems to be a consensus that financial globalization has had a "discipline effect" on monetary policy, because it has reduced the returns from using monetary policy to stabilize the output. As a result, monetary policy over recent years has placed more emphasis o...

the effect of central bank independence on liquidity management in oil exporting countries (1994- 2008)

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