The trade-off between central bank independence and conservatism in a New Keynesian framework
نویسندگان
چکیده
منابع مشابه
Central Bank Independence and Central Bank Conservatism: Theory with an Application to Iran
New monetary literatures widely concentrates on the importance of institutional arrangements in the effectiveness of monetary policy. The debate regarding the optimal institutional design of central banks, independence and conservatism are usually considered to be the most important ingredients for a stable and successful monetary policy. Therefore, the purpose of this study is to deal with the...
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The purpose of this study is finding the sensitivity of central bank independence measurements on its impact on inflation in Iran. To this aim different measurements of the central bank independence were calculated using the indices of Grilli et al. (1991), Cukierman et al. (1992), Mathew (2006) and Dumiter (2009) for the period 1961-2012 . Although results of correlation between CBI index and ...
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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...
متن کاملthe sensitivity of central bank independence measurements to inflation in iran: a new approach
the purpose of this study is finding the sensitivity of central bank independence measurements on its impact on inflation in iran. to this aim different measurements of the central bank independence were calculated using the indices of grilli et al. (1991), cukierman et al. (1992), mathew (2006) and dumiter (2009) for the period 1961-2012 . although results of correlation between cbi index and ...
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تمایل به ارزیابی جایگزین و تعویض آن با آزمون سنتی مداد و کاغذ در سالهای اخیر افزایش یافته است. اکثر زبان آموزان در کلاس های زبان از نمره نهایی که استاد تعیین میکند ناراضی اند. این تحقیق جهت بررسی ارزیابی در کلاس های زبان انگلیسی به هدف رضایتمندی زبان آموزان از نمره هایشان انجام گرفته است که در آن نمرات ارائه شده توسط سه گروه ارزیاب (ارزیابی خود دانشجو، همسالان واستاد) در مهارت های تولید (تکل...
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ژورنال
عنوان ژورنال: European Journal of Political Economy
سال: 2008
ISSN: 0176-2680
DOI: 10.1016/j.ejpoleco.2008.06.001