About this document
Economic Impact of Central Bank Independence by Micky Asres is a document available to read on EtoBox.
The document examines the economic consequences of banking crises and the role of central bank independence (CBI), arguing that high levels of CBI can lead to more severe economic outcomes during such crises due to a focus on inflation. It suggests that central banks with less rigid inflation-centric mandates perform better in managing economic shocks without incurring higher inflation. The findings challenge the notion that CBI is universally beneficial, highlighting the need for a reevaluation of central
- Author
- Micky Asres
- Language
- EN