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What is Impact of Central Bank Independence on Economy about?

This document discusses research on the relationship between central bank independence and economic outcomes. Several studies are reviewed that generally find: 1) Central banks that are more independent of political influence are better able to maintain price stability and low, stable inflation. 2) Models show greater central bank independence is linked to better-performing inflation rates and economic activity. 3) Empirical evidence suggests inflation is negatively correlated with central bank indepen

Author

Aleena Ali

Language

EN